Panoramic Universal net up 38 pc

Panoramic Universal on Thursday reported 38 per cent increase in its net profit at Rs 12.58 crore for the year ended March 31, 2007.

By PTI | May 03, 2007, 10.20 PM IST

NEW DELHI: Panoramic Universal on Thursday reported 38 per cent increase in its net profit at Rs 12.58 crore for the year ended March 31, 2007.

The company's net sales grew by 42 per cent during the year and stood at Rs 31.46 crore, Panoramic Universal said in a statement.

Earnings per share for the year stood at Rs 9.71 against Rs 7.04 in the previous year, it said.

Panoramic Universal, the flagship company of the Panoramic Group, owns and operates about nine hotels across the US, India and New Zealand.

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