Royal Orchid Hotels reports net profit of Rs 6.76 crore in the March 2014 quarter

Sales decline 28.72% to Rs 22.91 crore

Net profit of Royal Orchid Hotels reported to Rs 6.76 crore in the quarter ended March 2014 as against net loss of Rs 6.87 crore during the previous quarter ended March 2013. Sales declined 28.72% to Rs 22.91 crore in the quarter ended March 2014 as against Rs 32.14 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 26.93 crore in the year ended March 2014 as against net profit of Rs 1.43 crore during the previous year ended March 2013. Sales declined 18.46% to Rs 83.65 crore in the year ended March 2014 as against Rs 102.59 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales22.9132.14 -29 83.65102.59 -18 OPM %10.439.71 --18.31-18.73 - PBDT3.21-1.27 LP -13.93-20.86 33 PBT2.21-6.97 LP -18.05-25.96 30 NP6.76-6.87 LP -26.931.43 PL

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