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(07 May 2024, 15:29)

Kamat Hotels (India) consolidated net profit declines 99.21% in the March 2024 quarter

Sales rise 4.98% to Rs 84.51 crore


Net profit of Kamat Hotels (India) declined 99.21% to Rs 2.13 crore in the quarter ended March 2024 as against Rs 271.16 crore during the previous quarter ended March 2023. Sales rose 4.98% to Rs 84.51 crore in the quarter ended March 2024 as against Rs 80.50 crore during the previous quarter ended March 2023.

For the full year,net profit declined 85.67% to Rs 44.85 crore in the year ended March 2024 as against Rs 312.88 crore during the previous year ended March 2023. Sales rose 3.14% to Rs 304.35 crore in the year ended March 2024 as against Rs 295.08 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear Ended
 Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.
Sales84.5180.50 5 304.35295.08 3
OPM %27.2934.12 -29.8336.88 -
PBDT13.0041.41 -69 42.0893.39 -55
PBT8.2237.56 -78 24.4177.91 -69
NP2.13271.16 -99 44.85312.88 -86

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