Net loss of Kamat Hotels (India) reported to Rs 5.49 crore in the quarter ended March 2021 as against net profit of Rs 12.79 crore during the previous quarter ended March 2020. Sales declined 48.35% to Rs 29.16 crore in the quarter ended March 2021 as against Rs 56.46 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 36.29 crore in the year ended March 2021 as against net profit of Rs 24.77 crore during the previous year ended March 2020. Sales declined 70.27% to Rs 65.99 crore in the year ended March 2021 as against Rs 221.98 crore during the previous year ended March 2020.

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Kamat Hotels (India) will hold a meeting of the Board of Directors of the Company on 29 June 2021.

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Kamat Hotels (India) announced the sad demise of Dinkar D. Jadhav, Non-Executive Independent Director of the Company.

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Net loss of Kamat Hotels (India) reported to Rs 9.41 crore in the quarter ended December 2020 as against net profit of Rs 7.21 crore during the previous quarter ended December 2019. Sales declined 69.61% to Rs 18.93 crore in the quarter ended December 2020 as against Rs 62.28 crore during the previous quarter ended December 2019.

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