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Royal Orchid Hotels standalone net profit declines 36.54% in the March 2015 quarter

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Capital Market

Sales decline 0.35% to Rs 22.83 crore

Net profit of Royal Orchid Hotels declined 36.54% to Rs 4.29 crore in the quarter ended March 2015 as against Rs 6.76 crore during the previous quarter ended March 2014. Sales declined 0.35% to Rs 22.83 crore in the quarter ended March 2015 as against Rs 22.91 crore during the previous quarter ended March 2014.

For the full year,net profit reported to Rs 8.98 crore in the year ended March 2015 as against net loss of Rs 26.93 crore during the previous year ended March 2014. Sales rose 1.17% to Rs 84.63 crore in the year ended March 2015 as against Rs 83.65 crore during the previous year ended March 2014.

 
ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales22.8322.91 0 84.6383.65 1 OPM %17.2610.43 -11.50-18.31 - PBDT4.653.21 45 11.38-13.93 LP PBT4.292.21 94 6.98-18.05 LP NP4.296.76 -37 8.98-26.93 LP

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First Published: Jun 02 2015 | 2:04 PM IST

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