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Royal Orchid Hotels consolidated net profit declines 21.56% in the December 2019 quarter

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Capital Market

Sales rise 8.66% to Rs 61.33 crore

Net profit of Royal Orchid Hotels declined 21.56% to Rs 4.33 crore in the quarter ended December 2019 as against Rs 5.52 crore during the previous quarter ended December 2018. Sales rose 8.66% to Rs 61.33 crore in the quarter ended December 2019 as against Rs 56.44 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales61.3356.44 9 OPM %24.0822.66 -PBDT13.6712.47 10 PBT9.128.70 5 NP4.335.52 -22

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First Published: Feb 12 2020 | 5:07 PM IST

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