Graviss Hospitality standalone net profit declines 7.50% in the March 2018 quarter

Capital Market 

Sales rise 35.35% to Rs 15.01 crore

Net profit of declined 7.50% to Rs 0.74 crore in the quarter ended March 2018 as against Rs 0.80 crore during the previous quarter ended March 2017. Sales rose 35.35% to Rs 15.01 crore in the quarter ended March 2018 as against Rs 11.09 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 0.71 crore in the year ended March 2018 as against net loss of Rs 4.36 crore during the previous year ended March 2017. Sales rose 13.82% to Rs 47.20 crore in the year ended March 2018 as against Rs 41.47 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales15.0111.09 35 47.2041.47 14 OPM %16.26-3.34 -13.47-1.81 - PBDT2.25-0.15 LP 4.99-1.60 LP PBT0.71-1.16 LP -0.74-6.32 88 NP0.740.80 -8 -0.71-4.36 84

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First Published: Thu, May 17 2018. 16:32 IST