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Oriental Hotels consolidated net profit declines 56.23% in the December 2019 quarter

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Capital Market

Sales decline 6.68% to Rs 84.16 crore

Net profit of Oriental Hotels declined 56.23% to Rs 7.31 crore in the quarter ended December 2019 as against Rs 16.70 crore during the previous quarter ended December 2018. Sales declined 6.68% to Rs 84.16 crore in the quarter ended December 2019 as against Rs 90.18 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales84.1690.18 -7 OPM %22.1719.39 -PBDT14.0313.77 2 PBT7.136.83 4 NP7.3116.70 -56

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First Published: Jan 24 2020 | 4:16 PM IST

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