Sinclairs Hotels standalone net profit declines 18.88% in the March 2018 quarter

Sales decline 10.43% to Rs 11.33 crore

Net profit of Sinclairs Hotels declined 18.88% to Rs 1.59 crore in the quarter ended March 2018 as against Rs 1.96 crore during the previous quarter ended March 2017. Sales declined 10.43% to Rs 11.33 crore in the quarter ended March 2018 as against Rs 12.65 crore during the previous quarter ended March 2017.

For the full year,net profit rose 26.24% to Rs 11.74 crore in the year ended March 2018 as against Rs 9.30 crore during the previous year ended March 2017. Sales declined 2.55% to Rs 45.91 crore in the year ended March 2018 as against Rs 47.11 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales11.3312.65 -10 45.9147.11 -3 OPM %37.9539.53 -41.5442.84 - PBDT4.475.32 -16 21.3322.32 -4 PBT2.663.11 -14 13.9514.31 -3 NP1.591.96 -19 11.749.30 26

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