Kamat Hotels (India) standalone net profit declines 31.20% in the March 2018 quarter

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Sales rise 16.93% to Rs 49.11 crore
Net profit of Kamat Hotels (India) declined 31.20% to Rs 8.93 crore in the quarter ended March 2018 as against Rs 12.98 crore during the previous quarter ended March 2017. Sales rose 16.93% to Rs 49.11 crore in the quarter ended March 2018 as against Rs 42.00 crore during the previous quarter ended March 2017.For the full year,net profit declined 0.76% to Rs 37.89 crore in the year ended March 2018 as against Rs 38.18 crore during the previous year ended March 2017. Sales rose 8.95% to Rs 168.52 crore in the year ended March 2018 as against Rs 154.67 crore during the previous year ended March 2017.
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First Published: Jun 01 2018 | 3:56 PM IST