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Royal Orchid Hotels standalone net profit declines 27.06% in the September 2019 quarter

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Capital Market

Sales decline 2.19% to Rs 26.37 crore

Net profit of Royal Orchid Hotels declined 27.06% to Rs 2.21 crore in the quarter ended September 2019 as against Rs 3.03 crore during the previous quarter ended September 2018. Sales declined 2.19% to Rs 26.37 crore in the quarter ended September 2019 as against Rs 26.96 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales26.3726.96 -2 OPM %16.7218.18 -PBDT4.625.58 -17 PBT2.824.54 -38 NP2.213.03 -27

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First Published: Nov 11 2019 | 5:40 PM IST

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