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Asian Hotels net profit rises 50.83%

June 14, 2007

Net profit of Asian Hotels rose 50.83% to Rs 34.42 crore in the quarter ended March 2007 as against Rs 22.82 crore during the previous quarter ended March 2006. Sales rose 27.24% to Rs 132.41 crore in the quarter ended March 2007 as against Rs 104.06 crore during the previous quarter ended March 2006.

For the full year, net profit rose 61.38% to Rs 91.50 crore in the year ended March 2007 as against Rs 56.70 crore during the previous year ended March 2006. Sales rose 25.85% to Rs 413.42 crore in the year ended March 2007 as against Rs 328.49 crore during the previous year ended March 2006.

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