Taj GVK Hotels & Resorts : Q4FY17 result
Amir Shaikh / 17 May 2017
The board of directors of the company has recommended a dividend of Rs. 0.40 (forty paise) on per equity share of Rs 2 each (FV).
The company's total sales for Q4FY17 came in at Rs 73.43 crore, which represents a 1.42 per cent sequential increase and 4.98 per cent YoY decline.
Its operating profit (EBIT) for the quarter amounted to Rs 8.98 crore and its EBIT margin stood at 12.23 per cent.
The company reported PAT of Rs 0.78 crore, which represents a sequential QoQ decline of 79.09 per cent and a YoY decline of 86.51 per cent.
The board of directors of the company has recommended a dividend of Rs. 0.40 (forty paise) on per equity share of Rs 2 each (FV).
Taj GVK Hotels & Resorts Ltd is in the Indian hospitality sector. The company comprises of 66 hotels in 42 locations across India and additional 16 international hotels. The company's only business segment is hoteliering.
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