Ras Resorts & Apart Hotels standalone net profit declines 76.60% in the March 2016 quarter

Sales rise 4.35% to Rs 2.40 crore

Net profit of Ras Resorts & Apart Hotels declined 76.60% to Rs 0.11 crore in the quarter ended March 2016 as against Rs 0.47 crore during the previous quarter ended March 2015. Sales rose 4.35% to Rs 2.40 crore in the quarter ended March 2016 as against Rs 2.30 crore during the previous quarter ended March 2015.

For the full year,net profit rose 138.10% to Rs 0.50 crore in the year ended March 2016 as against Rs 0.21 crore during the previous year ended March 2015. Sales rose 12.30% to Rs 8.58 crore in the year ended March 2016 as against Rs 7.64 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales2.402.30 4 8.587.64 12 OPM %16.2531.74 -18.8813.74 - PBDT0.270.62 -56 1.210.55 120 PBT0.170.55 -69 0.790.05 1480 NP0.110.47 -77 0.500.21 138

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