Sinclairs Hotels standalone net profit declines 73.27% in the March 2024 quarter

Sales rise 10.51% to Rs 14.82 crore

Net profit of Sinclairs Hotels declined 73.27% to Rs 5.32 crore in the quarter ended March 2024 as against Rs 19.90 crore during the previous quarter ended March 2023. Sales rose 10.51% to Rs 14.82 crore in the quarter ended March 2024 as against Rs 13.41 crore during the previous quarter ended March 2023.

For the full year,net profit declined 34.23% to Rs 20.54 crore in the year ended March 2024 as against Rs 31.23 crore during the previous year ended March 2023. Sales rose 3.90% to Rs 55.88 crore in the year ended March 2024 as against Rs 53.78 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales14.8213.41 11 55.8853.78 4 OPM %38.3340.87 -39.5540.57 - PBDT7.476.05 23 30.3024.26 25 PBT6.404.70 36 25.4319.55 30 NP5.3219.90 -73 20.5431.23 -34

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