Hotel Leela Venture reports standalone net loss of Rs 228.87 crore in the March 2016 quarter

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Sales rise 2.63% to Rs 193.88 crore
Net loss of Hotel Leela Venture reported to Rs 228.87 crore in the quarter ended March 2016 as against net profit of Rs 43.96 crore during the previous quarter ended March 2015. Sales rose 2.63% to Rs 193.88 crore in the quarter ended March 2016 as against Rs 188.92 crore during the previous quarter ended March 2015.For the full year,net loss reported to Rs 180.16 crore in the year ended March 2016 as against net loss of Rs 415.88 crore during the previous year ended March 2015. Sales rose 3.84% to Rs 660.91 crore in the year ended March 2016 as against Rs 636.46 crore during the previous year ended March 2015.
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First Published: May 26 2016 | 6:09 PM IST