Financial Daily from THE HINDU group of publications Thursday, Feb 12, 2004 |
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Corporate Results
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Hotels Grand Group operating profit at Rs 10.07 crore Our Bureau
New Delhi , Feb 11 THE Grand Group of Hotels, owned by Bharat Hotels Ltd, has registered a gross operating profit of Rs 10.07 crore during the third quarter of 2003-04, up from Rs 4.61 crore recorded during the same period last year. In a statement, the Group has said that gross operating profit for the first nine months of the present year was Rs 9.61 crore as compared with Rs 3.41 crore recorded during the same period during 2002-03. The turnover for the third quarter in the present financial year was Rs 31.95 crore as compared with Rs 21.19 crore recorded during the same period in the last financial year.
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