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Royal Orchid Hotels standalone net profit declines 29.40% in the December 2019 quarter

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Capital Market

Sales rise 11.65% to Rs 34.11 crore

Net profit of Royal Orchid Hotels declined 29.40% to Rs 3.17 crore in the quarter ended December 2019 as against Rs 4.49 crore during the previous quarter ended December 2018. Sales rose 11.65% to Rs 34.11 crore in the quarter ended December 2019 as against Rs 30.55 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales34.1130.55 12 OPM %25.7122.45 -PBDT7.746.88 13 PBT5.885.81 1 NP3.174.49 -29

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First Published: Feb 12 2020 | 4:58 PM IST

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