By BW Hotelier
SINCLAIRS HOTELS and Resorts, the Kolkata-based hotel chain with six properties in Darjeeling, Ooty, Kalimpong, Andaman, Dooars and Siliguri announced their first quarter results-ended June 30, 2015. The groups total income from operations increased by 42% to Rs.1137.63 lakh (Rs.798.73 lakh last year) and Profit Before Tax increased by 69% to Rs.451.29 lakh (Rs.267.61 lakh last year). The Profit after Tax for the period stood at Rs.310.74 lakh (Rs.267.61 lakh last year). The earnings per share of Rs 10 for the quarter stood at Rs 5.58 (Rs 4.80 last year).
The Company has strong fundamentals and its Reserves as at 31st March, 2015 stood at Rs 6187.95 lakh on an Equity Share Capital of Rs 557 lakh.
All the six properties of the company are performing well and have become the preferred choice of business and leisure travellers to those destinations. The company has embarked on aggressive marketing through channels as well as online to further boost occupancy for these properties, according to a press release.
The 7th property of the company located at Burdwan in West Bengal, is expected to be commissioned shortly and would give a further boost to the company’s overall performance this year.
Photo: The Sinclairs Property in Ooty.
SINCLAIRS HOTELS and Resorts, the Kolkata-based hotel chain with six properties in Darjeeling, Ooty, Kalimpong, Andaman, Dooars and Siliguri announced their first quarter results-ended June 30, 2015. The groups total income from operations increased by 42% to Rs.1137.63 lakh (Rs.798.73 lakh last year) and Profit Before Tax increased by 69% to Rs.451.29 lakh (Rs.267.61 lakh last year). The Profit after Tax for the period stood at Rs.310.74 lakh (Rs.267.61 lakh last year). The earnings per share of Rs 10 for the quarter stood at Rs 5.58 (Rs 4.80 last year).
The Company has strong fundamentals and its Reserves as at 31st March, 2015 stood at Rs 6187.95 lakh on an Equity Share Capital of Rs 557 lakh.
All the six properties of the company are performing well and have become the preferred choice of business and leisure travellers to those destinations. The company has embarked on aggressive marketing through channels as well as online to further boost occupancy for these properties, according to a press release.
The 7th property of the company located at Burdwan in West Bengal, is expected to be commissioned shortly and would give a further boost to the company’s overall performance this year.
Photo: The Sinclairs Property in Ooty.
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