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Tajgvk Hotels & Resorts reports 9 fold jump in Q4 net profit

17 May 2018 Evaluate

Tajgvk Hotels & Resorts has reported results for the fourth quarter and year ended March 31, 2018.

The company has reported a jump of over 9 fold in its net profit at Rs 7.29 crore for the quarter ended March 31, 2018 as compared to Rs 0.79 crore for the same quarter in the previous year. The total income of the company has increased by 19.74% at Rs 85.33 crore for quarter under review as compared to Rs 71.26 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a jump of 2 fold in its net profit at Rs 21.00 crore as compared to Rs 10.37 crore for the same period in the previous year. Total income of the company increased by 7.82% at Rs 290.88 crore for year under review as compared to Rs 269.78 crore for the period ended March 31, 2017.


Peers
Company Name CMP
The Indian Hotels Co 737.20
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