Profits at the firm behind the four-star Talbot hotel group and the long established Wexford-based Pettitt’s supermarkets last year fell by 96 per cent to €89,070.

Revenue at Torski Ltd dipped marginally from €108.2 million to €107.4 million in the 12 months to the end of December last.

The filings lodged to the Companies Office show the group recorded pretax profits of €2.1 million in 2010. The number employed by the group last year increased from 816 to 829. Torski operates four-star hotels in Wexford, Carlow and Stillorgan.

The figures show that the group generated revenue of €89 million in its supermarket business last year with its hotel trade accounting for €16.8 million of revenue. The group also generated €1.1 million through farming.

Profit last year takes account of combined non-cash depreciation and amortisation costs of €3.58 million.

Torski Ltd’s three directors, Desmond, Bernadette and Cormac Pettitt, shared remuneration of €1.973 million last year. This was marginally up on the €1.843 million paid out in 2010.