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Ras Resorts & Apart Hotels standalone net profit rises 86.36% in the March 2018 quarter

Capital Market 

Sales rise 4.55% to Rs 2.30 crore

Net profit of Ras Resorts & Apart Hotels rose 86.36% to Rs 0.41 crore in the quarter ended March 2018 as against Rs 0.22 crore during the previous quarter ended March 2017. Sales rose 4.55% to Rs 2.30 crore in the quarter ended March 2018 as against Rs 2.20 crore during the previous quarter ended March 2017.

For the full year,net profit declined 47.54% to Rs 0.32 crore in the year ended March 2018 as against Rs 0.61 crore during the previous year ended March 2017. Sales declined 11.70% to Rs 7.62 crore in the year ended March 2018 as against Rs 8.63 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales2.302.20 5 7.628.63 -12 OPM %26.5218.64 -12.3416.69 - PBDT0.570.28 104 0.671.11 -40 PBT0.490.20 145 0.360.77 -53 NP0.410.22 86 0.320.61 -48

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, May 12 2018. 15:18 IST
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