TajGVK Hotels & Resorts reports consolidated net loss of Rs 4.83 crore in the March 2021 quarter

Sales decline 41.96% to Rs 44.12 crore

Net loss of TajGVK Hotels & Resorts reported to Rs 4.83 crore in the quarter ended March 2021 as against net profit of Rs 5.69 crore during the previous quarter ended March 2020. Sales declined 41.96% to Rs 44.12 crore in the quarter ended March 2021 as against Rs 76.02 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 39.97 crore in the year ended March 2021 as against net profit of Rs 28.09 crore during the previous year ended March 2020. Sales declined 69.88% to Rs 94.17 crore in the year ended March 2021 as against Rs 312.62 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales44.1276.02 -42 94.17312.62 -70 OPM %11.3620.36 --2.3123.72 - PBDT2.2810.88 -79 -19.4552.73 PL PBT-1.806.69 PL -36.0035.94 PL NP-4.835.69 PL -39.9728.09 PL

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