Kamat Hotels (India) standalone net profit rises 105.32% in the March 2017 quarter

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Sales rise 9.80% to Rs 42.47 crore
Net profit of Kamat Hotels (India) rose 105.32% to Rs 15.05 crore in the quarter ended March 2017 as against Rs 7.33 crore during the previous quarter ended March 2016. Sales rose 9.80% to Rs 42.47 crore in the quarter ended March 2017 as against Rs 38.68 crore during the previous quarter ended March 2016.For the full year,net profit reported to Rs 40.58 crore in the year ended March 2017 as against net loss of Rs 85.28 crore during the previous year ended March 2016. Sales rose 220.22% to Rs 456.67 crore in the year ended March 2017 as against Rs 142.61 crore during the previous year ended March 2016.
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First Published: May 29 2017 | 12:22 PM IST