Jaypee Hotels Limited
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BSE Code:
590027
NSE Code:
JAYPEEHOT
Business Profile
Business Profile
Jaypee Hotels (JAYPEE), part of the Jaypee group, is engaged in the hospitality business. The company was incorporated on Dec. 29, 1980.
The company owns and operates four five star deluxe hotels; Jaypee Palace in Agra with 350 elegantly appointed rooms, Jaycee Residency Manor in Mussoorie with 90 rooms, Jaypee Vasant Continental in Delhi with 119 rooms, and Jaypee Siddharth in Delhi with 98 rooms. All these hotels offer luxurious accommodation, exquisite dining facilities, and interesting leisure options for the guests.
Hotel Jaypee Palace is a hotel and convention centre. Built on an individual hilltop, the hotel offers 180-degree view of the hills. The company also manages the operations of Jaypee Greens, a premium 450 acres golf-centric real estate development project situated in Greater Noida integrating homes with the golf course, landscaped emerald spaces, resort living, and commercial developments. Present developments include construction of a mix of golf-centric real estate, an integrated sports complex with international standard sports facilities and a 60 acre nature reserve.
The registered office of the company is located at Jaypee Palace, Near Tora Village, Fatehabad Road, Agra-282003, Uttar Pradesh.
Financials
Jaypee Hotels registered a 16.17% growth in net profit to Rs 16.81 million for the quarter ended June 2007 from a profit of Rs 14.47 million for the quarter ended June 2006.
Net sales rose 20.45%, to Rs 296.92 million for the quarter ended June 2007 from Rs 246.51 million for the quarter ended June 2006.
Total income rose 19.33% to Rs 306.62 million for the quarter ended June 2007 from Rs 256.96 million for the quarter ended June 2006.
The earnings per share (EPS), of the company stood at Rs 0.3 in the quarter ended June 2007.