Oriental Hotels net profit declines 78.95% in the March 2014 quarter

Sales decline 3.12% to Rs 83.56 crore

Net profit of Oriental Hotels declined 78.95% to Rs 3.09 crore in the quarter ended March 2014 as against Rs 14.68 crore during the previous quarter ended March 2013. Sales declined 3.12% to Rs 83.56 crore in the quarter ended March 2014 as against Rs 86.25 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 7.19 crore in the year ended March 2014 as against net profit of Rs 14.30 crore during the previous year ended March 2013. Sales rose 2.63% to Rs 297.66 crore in the year ended March 2014 as against Rs 290.03 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales83.5686.25 -3 297.66290.03 3 OPM %21.4922.64 -14.6916.90 - PBDT12.1612.90 -6 17.5025.71 -32 PBT5.136.18 -17 -10.44-0.46 -2170 NP3.0914.68 -79 -7.1914.30 PL

Powered by Capital Market - Live News