Howard Hotels standalone net profit declines 15.66% in the March 2015 quarter

Sales decline 13.88% to Rs 2.73 crore

Net profit of Howard Hotels declined 15.66% to Rs 0.70 crore in the quarter ended March 2015 as against Rs 0.83 crore during the previous quarter ended March 2014. Sales declined 13.88% to Rs 2.73 crore in the quarter ended March 2015 as against Rs 3.17 crore during the previous quarter ended March 2014.

For the full year,net profit declined 32.00% to Rs 0.17 crore in the year ended March 2015 as against Rs 0.25 crore during the previous year ended March 2014. Sales declined 5.06% to Rs 9.20 crore in the year ended March 2015 as against Rs 9.69 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales2.733.17 -14 9.209.69 -5 OPM %19.7826.81 -9.5714.65 - PBDT0.670.91 -26 0.901.29 -30 PBT0.751.00 -25 0.220.42 -48 NP0.700.83 -16 0.170.25 -32

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