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Gujarat Hotels standalone net profit declines 45.87% in the December 2020 quarter

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Capital Market

Sales decline 70.87% to Rs 0.30 crore

Net profit of Gujarat Hotels declined 45.87% to Rs 0.59 crore in the quarter ended December 2020 as against Rs 1.09 crore during the previous quarter ended December 2019. Sales declined 70.87% to Rs 0.30 crore in the quarter ended December 2020 as against Rs 1.03 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales0.301.03 -71 OPM %76.6793.20 -PBDT0.741.51 -51 PBT0.731.50 -51 NP0.591.09 -46

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First Published: Jan 16 2021 | 9:31 PM IST

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