Howard Hotels standalone net profit rises 25.71% in the March 2016 quarter

Sales rise 1.83% to Rs 2.78 crore

Net profit of Howard Hotels rose 25.71% to Rs 0.88 crore in the quarter ended March 2016 as against Rs 0.70 crore during the previous quarter ended March 2015. Sales rose 1.83% to Rs 2.78 crore in the quarter ended March 2016 as against Rs 2.73 crore during the previous quarter ended March 2015.

For the full year,net profit declined 88.24% to Rs 0.02 crore in the year ended March 2016 as against Rs 0.17 crore during the previous year ended March 2015. Sales declined 13.04% to Rs 8.00 crore in the year ended March 2016 as against Rs 9.20 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales2.782.73 2 8.009.20 -13 OPM %22.6619.78 -6.259.57 - PBDT0.830.67 24 0.580.90 -36 PBT0.790.75 5 -0.070.22 PL NP0.880.70 26 0.020.17 -88

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