Oriental Hotels consolidated net profit declines 6.80% in the March 2024 quarter

Sales decline 3.52% to Rs 107.48 crore

Net profit of Oriental Hotels declined 6.80% to Rs 19.33 crore in the quarter ended March 2024 as against Rs 20.74 crore during the previous quarter ended March 2023. Sales declined 3.52% to Rs 107.48 crore in the quarter ended March 2024 as against Rs 111.40 crore during the previous quarter ended March 2023.

For the full year,net profit declined 8.50% to Rs 49.65 crore in the year ended March 2024 as against Rs 54.26 crore during the previous year ended March 2023. Sales declined 0.34% to Rs 393.16 crore in the year ended March 2024 as against Rs 394.51 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales107.48111.40 -4 393.16394.51 0 OPM %24.9328.70 -24.8828.47 - PBDT27.2131.63 -14 91.84102.96 -11 PBT20.9925.84 -19 67.8080.31 -16 NP19.3320.74 -7 49.6554.26 -8

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