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Oriental Hotels Q1 net loss at Rs 4 cr

BS Reporter  |  Chennai 

on Tuesday said it had posted a of Rs 4.08 crore for the quarter ended June 30, mainly on account of crisis in Europe and opening of a new hotel at Coimbatore. The company had posted a net profit of Rs 3.39 crore for the quarter ended June 30, 2011, Oriental Hotels said in a filing to the BSE.

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Oriental Hotels Q1 net loss at Rs 4 cr

Oriental Hotels on Tuesday said it had posted a net loss of Rs 4.08 crore for the quarter ended June 30, mainly on account of crisis in Europe and opening of a new hotel at Coimbatore. The company had posted a net profit of Rs 3.39 crore for the quarter ended June 30, 2011, Oriental Hotels said in a filing to the BSE.

on Tuesday said it had posted a of Rs 4.08 crore for the quarter ended June 30, mainly on account of crisis in Europe and opening of a new hotel at Coimbatore. The company had posted a net profit of Rs 3.39 crore for the quarter ended June 30, 2011, Oriental Hotels said in a filing to the BSE.

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