Oriental Hotels Q3 net profit falls 20 pc
Oriental Hotels today reported 19.73 per cent decline in its net profit for the quarter ended December 31, 2010, at Rs 6.63 crore.
By PTI |
NEW DELHI: Oriental Hotels today reported 19.73 per cent decline in its net profit for the quarter ended December 31, 2010, at Rs 6.63 crore.
The company had posted a net profit of Rs 8.26 crore in the corresponding quarter of the previous year, Oriental Hotels said in a filing to the Bombay Stock Exchange (BSE).
The total income during the third quarter of this fiscal, however, increased by 22.76 per cent to Rs 64.99 crore from Rs 52.94 crore in the year-ago period, it added.
The shares of the company today jumped 4.37 per cent and closed at Rs 33.45 a piece on the BSE.
The company had posted a net profit of Rs 8.26 crore in the corresponding quarter of the previous year, Oriental Hotels said in a filing to the Bombay Stock Exchange (BSE).
The total income during the third quarter of this fiscal, however, increased by 22.76 per cent to Rs 64.99 crore from Rs 52.94 crore in the year-ago period, it added.
The shares of the company today jumped 4.37 per cent and closed at Rs 33.45 a piece on the BSE.
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