Graviss Hospitality swung to a loss for the quarter ended March 2014. During the quarter, the company reported a loss of Rs 2.20 million compared with a profit of Rs 14.20 million in the same quarter last year.
Net sales for the quarter declined 8.92% to Rs 134.80 million, compared with Rs 148.00 million for the prior year period.
Earnings per share stood negative at Rs 0.03 compared with Rs 0.20 in same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 14 | Mar - 13 | %Change |
| Net Sales | 134.80 | 148.00 | (8.92) |
| Net Profit | (2.20) | 14.20 | - |
| Basic EPS | (0.03) | 0.20 | - |
