Howard Hotels standalone net profit declines 8.45% in the December 2019 quarter

Capital Market 

Sales decline 7.54% to Rs 3.19 crore

Net profit of Howard Hotels declined 8.45% to Rs 0.65 crore in the quarter ended December 2019 as against Rs 0.71 crore during the previous quarter ended December 2018. Sales declined 7.54% to Rs 3.19 crore in the quarter ended December 2019 as against Rs 3.45 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales3.193.45 -8 OPM %26.6526.67 -PBDT0.810.89 -9 PBT0.650.71 -8 NP0.650.71 -8

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First Published: Thu, February 13 2020. 08:20 IST