Kamat Hotels (India) standalone net profit declines 31.20% in the March 2018 quarter

Capital Market 

Sales rise 16.93% to Rs 49.11 crore

Net profit of (India) declined 31.20% to Rs 8.93 crore in the quarter ended March 2018 as against Rs 12.98 crore during the previous quarter ended March 2017. Sales rose 16.93% to Rs 49.11 crore in the quarter ended March 2018 as against Rs 42.00 crore during the previous quarter ended March 2017.

For the full year,net profit declined 0.76% to Rs 37.89 crore in the year ended March 2018 as against Rs 38.18 crore during the previous year ended March 2017. Sales rose 8.95% to Rs 168.52 crore in the year ended March 2018 as against Rs 154.67 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales49.1142.00 17 168.52154.67 9 OPM %34.7438.00 -31.6532.59 - PBDT13.0413.71 -5 45.3032.68 39 PBT10.1510.51 -3 33.5620.13 67 NP8.9312.98 -31 37.8938.18 -1

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First Published: Fri, June 01 2018. 15:56 IST