Oriental Hotels consolidated net profit declines 56.11% in the March 2020 quarter

Sales decline 23.23% to Rs 71.28 crore

Net profit of Oriental Hotels declined 56.11% to Rs 1.15 crore in the quarter ended March 2020 as against Rs 2.62 crore during the previous quarter ended March 2019. Sales declined 23.23% to Rs 71.28 crore in the quarter ended March 2020 as against Rs 92.85 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 8.26 crore in the year ended March 2020 as against net profit of Rs 91.59 crore during the previous year ended March 2019. Sales declined 16.05% to Rs 291.14 crore in the year ended March 2020 as against Rs 346.79 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales71.2892.85 -23 291.14346.79 -16 OPM %13.9519.44 -13.1914.84 - PBDT6.1815.60 -60 22.0832.24 -32 PBT-0.697.23 PL -5.623.86 PL NP1.152.62 -56 -8.2691.59 PL

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