NSE:PARKHOTELS

Apeejay Surrendra Park Hotels' Profit Declines in Fiscal Q4

Apeejay Surrendra Park Hotels' (NSE:PARKHOTELS, BOM:544111) attributable income in the fiscal fourth quarter ended March 31 declined sharply to 118.8 million Indian rupees from 265.8 million rupees a year ago.Earnings per share contracted to 0.56 rupees from 1.25 rupees a year earlier, the hospitality company said in a filing to the Indian stock exchanges.Revenue from operations in fiscal Q4, however, increased to 1.84 billion rupees from 1.77 billion rupees a year ago.The company's board recommended a final dividend of 0.75 rupees per fully paid-up equity share of face value 1 rupee each for the financial year 2025-26.