Royal Orchid Hotels standalone net profit rises 10.20% in the March 2017 quarter

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Sales rise 2.48% to Rs 24.80 crore
Net profit of Royal Orchid Hotels rose 10.20% to Rs 3.35 crore in the quarter ended March 2017 as against Rs 3.04 crore during the previous quarter ended March 2016. Sales rose 2.48% to Rs 24.80 crore in the quarter ended March 2017 as against Rs 24.20 crore during the previous quarter ended March 2016.For the full year,net profit rose 32.49% to Rs 9.91 crore in the year ended March 2017 as against Rs 7.48 crore during the previous year ended March 2016. Sales rose 3.94% to Rs 91.31 crore in the year ended March 2017 as against Rs 87.85 crore during the previous year ended March 2016.
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First Published: May 30 2017 | 3:24 PM IST