EIH Associated Hotels reports standalone net loss of Rs 0.95 crore in the March 2021 quarter

By Capital Market2 days ago

Sales decline 31.72% to Rs 48.22 crore

Net loss of EIH Associated Hotels reported to Rs 0.95 crore in the quarter ended March 2021 as against net profit of Rs 10.74 crore during the previous quarter ended March 2020. Sales declined 31.72% to Rs 48.22 crore in the quarter ended March 2021 as against Rs 70.62 crore during the previous quarter ended March 2020.

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For the full year,net loss reported to Rs 26.74 crore in the year ended March 2021 as against net profit of Rs 37.96 crore during the previous year ended March 2020. Sales declined 59.29% to Rs 101.39 crore in the year ended March 2021 as against Rs 249.08 crore during the previous year ended March 2020.

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