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The company had posted a consolidated net loss of Rs 4.66 crore in the same period a year ago, Oriental Hotels Ltd said in a regulatory filing
Oriental Hotels Ltd, an associate company of The Indian Hotels Company Ltd, on Wednesday said the company expects business recovery to be driven by domestic leisure and business tourism
Oriental Hotels Ltd, an associate company of The Indian Hotels Company Ltd, on Tuesday reported a consolidated net loss of Rs 4.83 crore for the second quarter ended September 30, 2021. The company had reported a net loss of Rs 17.88 crore in the July-September period of the previous financial year. Its revenue from operations stood at Rs 52.34 crore for the period under review as compared to Rs 15.8 crore in the year-ago period, Oriental Hotels said in a regulatory filing. The company's board at its meeting on Tuesday re-appointed Pramod Ranjan as managing director and CEO for a further term of three years with effect from November 11, 2021, based on the recommendation of the nomination and remuneration committee. Oriental Hotels has seven hotels, including Taj Coromandel, Chennai; Taj Fisherman's Cove Resort and Spa, Chennai; and Taj Malabar Resort and Spa, Kochi.
Oriental Hotels Ltd is an associate company of The Indian Hotels Company Ltd
Oriental Hotels reports standalone net profit of Rs 3.14 crore in the September 2017 quarter