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Oriental Hotels standalone net profit declines 16.06% in the March 2018 quarter

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Capital Market

Sales rise 5.73% to Rs 98.21 crore

Net profit of Oriental Hotels declined 16.06% to Rs 5.75 crore in the quarter ended March 2018 as against Rs 6.85 crore during the previous quarter ended March 2017. Sales rose 5.73% to Rs 98.21 crore in the quarter ended March 2018 as against Rs 92.89 crore during the previous quarter ended March 2017.

For the full year,net profit rose 289.61% to Rs 6.00 crore in the year ended March 2018 as against Rs 1.54 crore during the previous year ended March 2017. Sales rose 7.01% to Rs 356.86 crore in the year ended March 2018 as against Rs 333.49 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales98.2192.89 6 356.86333.49 7 OPM %20.2820.97 -15.4314.28 - PBDT16.5116.38 1 36.1826.55 36 PBT8.779.54 -8 8.521.57 443 NP5.756.85 -16 6.001.54 290

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First Published: May 10 2018 | 4:42 PM IST

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