Royal Orchid Hotels Q1 net down 35.98 pc at Rs 1.53 cr
Royal Orchid Hotels Ltd on Tuesday posted 35.98 per cent decline in consolidated net profit for the first quarter ended June 30, 2011 at Rs 1.53 crore.
By PTI | Updated:
NEW DELHI: Royal Orchid Hotels Ltd on Tuesday posted 35.98 per cent decline in consolidated net profit for the first quarter ended June 30, 2011 at Rs 1.53 crore.
In the same quarter last fiscal, the company's net profit stood at Rs 2.39 crore, it said in a filing to the Bombay Stock Exchange (BSE).
The company's consolidated net sales for the three months ended June 30, 2011 increased 4.36 per cent at Rs 21.50 crore, compared to Rs 20.60 in the first quarter of last fiscal.
Royal Orchid Hotels' scrips closed at Rs 66.00, down 1.57 per cent from the previous close on the BSE.
In the same quarter last fiscal, the company's net profit stood at Rs 2.39 crore, it said in a filing to the Bombay Stock Exchange (BSE).
The company's consolidated net sales for the three months ended June 30, 2011 increased 4.36 per cent at Rs 21.50 crore, compared to Rs 20.60 in the first quarter of last fiscal.
Royal Orchid Hotels' scrips closed at Rs 66.00, down 1.57 per cent from the previous close on the BSE.
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