Bhagwati Banquets Q3 net profit at Rs 2.23 crore

Ahmedabad-basedBhagwati Banquets and Hotels Ltd registered 108% rise in its net profit for the third quarter ended 31 stDecember, 2012.

AHMEDABAD: Ahmedabad-basedBhagwati Banquets and Hotels Ltd registered 108% rise in its net profit for the third quarter ended 31 stDecember, 2012.

As per the press statement issued by the company, it clocked Rs 2.23 crore Q3 net profit compared to previous year net profit of Rs 1.07 crore. Its Q3 net sales stood at Rs 43 crore.

Its nine months net sales surged by 6% to Rs 109.60 crore compared to previous year's Rs 103.40 crore. Companies EPS for the Q3 stood at Rs 0.76.

On Thursday, the stock price of Bhagwati Banquets & Hotels Ltd stood at Rs 72.95, down by 4.64% on Bombay Stock Exchange.
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