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20 April, 2024 19:38 IST
Cindrella Hotels bags order worth Rs 21 mn from UK Co
Source: IRIS | 20 Oct, 2015, 10.03AM
Rating: NAN / 5 stars.
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Cindrella Hotels announced on Monday that the company has received an order for Rs 21 million to be executed during the quarter ended Dec. 31, 2015.

The company said, "The order is to organize a International Car rally on behalf of an UK based organization."

"This is a onetime order and no repeat orders of such large volume is expected in near future.The company is expected to make a profit and also exposed to general business risks," it said.

The company expects sales in the range of Rs 30 million for the October-December period against Rs 9 million in the same period last year.

Cindrella Hotels operates one of the leading 4 star facility hotel cum resort in West Bengal.

Shares of the company gained Rs 1.3, or 4.73%, to trade at Rs 28.80. The total volume of shares traded was 10 at the BSE (10.33 a.m., Tuesday).

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