Receives order worth Rs 2.1 crore
Cindrella Hotels announced that the Company has received an order to organizing a International Car rally on behalf of an UK based organization for Rs. 2.1 crore which will be executed during the 3rd quarter ended 31 December 2015. The Company has expect 3rd quarter sales in the region of Rs. 3 crore against Rs. 90 lakh in the 3rd Quarter ended December 2014.This is a onetime order and no repeat orders of such large volume is expected in near future.
The Company is expected to make a profit and also exposed to general business risks.
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