TGB Banquets & Hotels reports consolidated net profit of Rs 0.50 crore in the December 2019 quarter

TGB Banquets & Hotels reports consolidated net profit of Rs 0.50 crore in the December 2019 quarter

Capital Market 

Sales decline 57.00% to Rs 9.37 crore

Net profit of TGB Banquets & Hotels reported to Rs 0.50 crore in the quarter ended December 2019 as against net loss of Rs 2.39 crore during the previous quarter ended December 2018. Sales declined 57.00% to Rs 9.37 crore in the quarter ended December 2019 as against Rs 21.79 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales9.3721.79 -57 OPM %9.50-30.29 -PBDT0.99-1.72 LP PBT0.50-2.39 LP NP0.50-2.39 LP

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First Published: Tue, February 18 2020. 15:37 IST