Graviss Hospitality Limited announced standalone and consolidated unaudited earnings results for the fourth quarter and full year ended March 31, 2013. For the quarter, the standalone company reported net sales of INR 144.8 million compared with INR 171.7 million for the same period a year ago. Profit from operation before finance cost and exceptional items was INR 9.9 million compared with INR 22.6 million for the same period a year ago. Profit from ordinary activities before tax was INR 18.9 million compared with INR 38.2 million for the same period a year ago. Net profit was INR 14.2 million or INR 0.16 per basic and diluted share before and after extraordinary items compared with INR 38.2 million or INR 0.44 per basic and diluted share before and after extraordinary items for the same period a year ago. For the full year, the standalone company reported net sales of INR 507.6 million compared with INR 590.7 million for the same period a year ago. Profit from operation before finance cost and exceptional items was INR 33.9 million compared with INR 68.0 million for the same period a year ago. Profit from ordinary activities before tax was INR 50.7 million compared with INR 88.1 million for the same period a year ago. Net profit was INR 35.7 million or INR 0.41 per basic and diluted share before and after extraordinary items compared with INR 63.6 million or INR 0.74 per basic and diluted share before and after extraordinary items for the same period a year ago. For the quarter, the consolidated company reported net sales of INR 154.2 million compared with INR 190.0 million for the same period a year ago. Profit from operation before finance cost and exceptional items was INR 12.7 million compared with INR 24.6 million for the same period a year ago. Profit from ordinary activities before tax was INR 10.8 million compared with INR 39.9 million for the same period a year ago. Net profit was INR 5.5 million or INR 0.06 per basic and diluted share before and after extraordinary items compared with INR 30.4 million or INR 0.35 per basic and diluted share before and after extraordinary items for the same period a year ago. For the full year, the consolidated company reported net sales of INR 533.9 million compared with INR 625.3 million for the same period a year ago. Profit from operation before finance cost and exceptional items was INR 42.3 million compared with INR 70.7 million for the same period a year ago. Profit from ordinary activities before tax was INR 5.2 million compared with INR 89.3 million for the same period a year ago. Net loss was INR 11.6 million or INR 0.13 per basic and diluted share before and after extraordinary items compared with net profit of INR 63.9 million or INR 0.74 per basic and diluted share before and after extraordinary items for the same period a year ago.

Graviss Hospitality Limited, Board Meeting, Apr 25, 2013. Agenda: To approve standalone and consolidated unaudited earnings results for the fourth quarter and full year ended March 31, 2013.

Graviss Hospitality Limited reported unaudited standalone and consolidated earnings results for the third quarter and year to date ended December 31, 2012. For the quarter, on standalone basis, the company reported net sales/income from operation of INR 149.4 million against INR 107.6 million a year ago. Profit from operation before other income, finance costs and exceptional items was INR 24.6 million against loss from operation before other income, finance costs and exceptional items of INR 0.4 million a year ago. Profit from ordinary activities before tax was INR 28.4 million against INR 1.3 million a year ago. Net profit was INR 21.4 million or INR 0.25 per basic and diluted share after extraordinary items against INR 0.9 million or INR 0.01 per basic and diluted share after extraordinary items a year ago. For year to date, on standalone basis, the company reported net sales/income from operation of INR 362.9 million against INR 419.0 million a year ago. Profit from operation before other income, finance costs and exceptional items was INR 24.0 million against INR 45.5 million a year ago. Profit from ordinary activities before tax was INR 31.9 million against INR 50.0 million a year ago. Net profit was INR 21.6 million or INR 0.25 per basic and diluted share after extraordinary items against INR 35.0 million or INR 0.40 per basic and diluted share after extraordinary items a year ago. For the quarter, on consolidated basis, the company reported net sales/income from operation of INR 157.1 million against INR 184.5 million a year ago. Profit from operation before other income, finance costs and exceptional items was INR 27.8 million against INR 30.0 million a year ago. Loss from ordinary activities before tax was INR 14.3 million against profit from ordinary activities before tax of INR 31.9 million a year ago. Net loss was INR 21.3 million or INR 0.25 per basic and diluted share after extraordinary items against net profit of INR 22.5 million or INR 0.26 per basic and diluted share after extraordinary items a year ago. For year to date, on consolidated basis, the company reported net sales/income from operation of INR 379.7 million against INR 435.4 million a year ago. Profit from operation before other income, finance costs and exceptional items was INR 29.6 million against INR 46.5 million a year ago. Loss from ordinary activities before tax was INR 5.6 million against profit from ordinary activities before tax of INR 49.9 million a year ago. Net loss was INR 17.1 million or INR 0.20 per basic and diluted share after extraordinary items against net profit of INR 34.9 million or INR 0.40 per basic and diluted share after extraordinary items a year ago.