Oriental Hotels said its net loss for the quarter ended June 2016 has narrowed to Rs 79.70. During the quarter, the in the same quarter last year.
Revenues for the quarter rose marginally 1.98% to Rs 702.20 million, compared with Rs 689 million for the prior year period.
Operating margin for the quarter stood at 36.60 percent as compared to 40.95 percent for the previous year period. Operating Income for the quarter was Rs 257.00 million, compared with Rs 282 million in the previous year period.
Earnings per share stood negative at Rs 0.45 compared with negative Rs 0.47 in the same quarter last year.
Quarterly Results - Standalone (Rs in mn) |
As at | Jun - 16 | Jun - 15 | %Change |
Revenues | 702.20 | 688.60 | 1.98 |
Net Profit | (79.70) | (84.80) | - |
Diluted EPS | (0.45) | (0.47) | - |
Shares of the company gained Rs 0.15, or 0.56%, to settle at Rs 26.75. The total volume of shares traded was 24,741 at the BSE (Monday).