Jindal Hotels Ltd’s net profit tanks 83% to Rs 10 lakh for Q4FY20

New Delhi: Jindal Hotels Ltd’s net profit tanked 83 percent to Rs 10 lakh for the fourth quarter of the fiscal 2019-20 as compared net profit of Rs 62 lakh in the corresponding quarter of the previous fiscal.

The company’s revenue from operations stood at Rs 10 crore for the fourth quarter of the fiscal 2019-20 as compared to Rs 10.77 crore in the same quarter of the previous fiscal. .

The company’s net profit tanked 55 percent to Rs 67 lakh for the entire fiscal 2019-20 as compared to Rs 1.49 crore in the previous fiscal. 

The company’s revenue from operations stood at Rs 37.72 crore for the entire fiscal 2019-20 as compared to Rs 38 crore for the previous fiscal.

The total expenses of the company stoo at Rs 10 crore in the fourth quarter of the 2019-20 fiscal as compared to Rs 9.99 crore in the corresponding quarter of the previous fiscal. The total expenses of the company jumped to Rs 36.85 crore in the 2019-20 fiscal as compared to Rs 36.53 crore in the previous fiscal, the company said in a regulatory filing.

 

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