Hotel Leelaventure Q1 net loss narrows to Rs 7.52 cr

Hotel Leelaventure on Tuesday reported narrowing of its consolidated net loss to Rs 7.52 crore for the first quarter ended June 30, 2019.

The company had posted a net loss of Rs 66.69 crore in April-June quarter a year ago, Hotel Leelaventure said in a BSE filing.

Its total income fell 8.37 per cent to Rs 32.94 crore during the quarter under review from Rs 35.95 crore in the corresponding quarter last year.

Hotel Leelaventure's total expenses were 0.4 per cent lower at Rs 38.97 crore in the quarter under review as against Rs 39.13 crore a year ago.

Shares of Hotel Leelaventure on Tuesday settled at Rs 7.38 on the BSE, up 0.14 per cent from previous close.