Sales decline 25.98% to Rs 52.76 crore
Net loss of Oriental Hotels reported to Rs 5.91 crore in the quarter ended March 2021 as against net profit of Rs 1.15 crore during the previous quarter ended March 2020. Sales declined 25.98% to Rs 52.76 crore in the quarter ended March 2021 as against Rs 71.28 crore during the previous quarter ended March 2020.For the full year,net loss reported to Rs 71.27 crore in the year ended March 2021 as against net loss of Rs 8.26 crore during the previous year ended March 2020. Sales declined 60.20% to Rs 115.88 crore in the year ended March 2021 as against Rs 291.14 crore during the previous year ended March 2020.
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