TGB Banquets & Hotels reports standalone net loss of Rs 9.80 crore in the March 2017 quarter

Sales rise 18.01% to Rs 39.58 crore

Net Loss of TGB Banquets & Hotels reported to Rs 9.80 crore in the quarter ended March 2017 as against net loss of Rs 19.14 crore during the previous quarter ended March 2016. Sales rose 18.01% to Rs 39.58 crore in the quarter ended March 2017 as against Rs 33.54 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 6.61 crore in the year ended March 2017 as against net loss of Rs 15.24 crore during the previous year ended March 2016. Sales rose 1.10% to Rs 134.12 crore in the year ended March 2017 as against Rs 132.66 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales39.5833.54 18 134.12132.66 1 OPM %-5.53-23.94 -18.2416.22 - PBDT-3.92-11.85 67 11.575.07 128 PBT-11.08-19.84 44 -7.89-15.44 49 NP-9.80-19.14 49 -6.61-15.24 57

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