Comments
Sinclairs Hotels and Resorts reported a net profit of ₹19.9 crore in the fourth quarter ended March 2023, against ₹1.64 crore. Total income rose to ₹14.23 crore from ₹9.85 crore.
Net profit for FY23 surged to ₹31.23 crore from ₹7.12 crore. Total income grew to ₹57.33 crore from ₹34.33 crore.
The board recommended a dividend of 75 per cent i.e ₹1.50 per equity share of ₹2 each for the financial year ended March 31, 2023 subject to approval of shareholders at the ensuing Annual General Meeting. The dividend, if approved, will amount to ₹407.25 lakh.
Sinclairs Hotels Limited owns and operates a chain of hotels and resorts. It is based out of India.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.