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Royal Orchid Hotels reports standalone net loss of Rs 5.26 crore in the September 2020 quarter

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Capital Market

Sales decline 65.00% to Rs 9.23 crore

Net loss of Royal Orchid Hotels reported to Rs 5.26 crore in the quarter ended September 2020 as against net profit of Rs 2.21 crore during the previous quarter ended September 2019. Sales declined 65.00% to Rs 9.23 crore in the quarter ended September 2020 as against Rs 26.37 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales9.2326.37 -65 OPM %-44.1016.72 -PBDT-5.104.62 PL PBT-7.302.82 PL NP-5.262.21 PL

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First Published: Nov 14 2020 | 1:58 PM IST

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