Gujarat Hotels standalone net profit rises 62.50% in the March 2017 quarter

Sales decline 2.22% to Rs 0.88 crore

Net profit of Gujarat Hotels rose 62.50% to Rs 1.43 crore in the quarter ended March 2017 as against Rs 0.88 crore during the previous quarter ended March 2016. Sales declined 2.22% to Rs 0.88 crore in the quarter ended March 2017 as against Rs 0.90 crore during the previous quarter ended March 2016.

For the full year,net profit rose 18.77% to Rs 3.86 crore in the year ended March 2017 as against Rs 3.25 crore during the previous year ended March 2016. Sales declined 6.88% to Rs 3.25 crore in the year ended March 2017 as against Rs 3.49 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.880.90 -2 3.253.49 -7 OPM %90.9187.78 -89.2388.83 - PBDT1.181.26 -6 4.774.91 -3 PBT1.171.25 -6 4.724.86 -3 NP1.430.88 63 3.863.25 19

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