Net Loss of Aruna Hotels reported to Rs 0.31 crore in the quarter ended June 2018 as against net loss of Rs 0.36 crore during the previous quarter ended June 2017. There were no Sales reported in the quarter ended June 2018 and during the previous quarter ended June 2017.

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Aruna Hotels will hold a meeting of the Board of Directors of the Company on 30 July 2018, to consider and approve the unaudited financial results for the Quarter ended 30.06.2018

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Aruna Hotels announced that Corporate Insolvency Resolution Process has been initiated in respect of the company under provision of the Insolvency and Bankruptcy Code 2016 by an order of the National Company Law Tribunal, Chennai with effect from 17 November 2017.

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Net profit of Aruna Hotels reported to Rs 0.33 crore in the quarter ended March 2018 as against net loss of Rs 1.23 crore during the previous quarter ended March 2017. There were no Sales reported in the quarter ended March 2018 and during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 3.25 crore in the year ended March 2018 as against net loss of Rs 5.17 crore during the previous year ended March 2017. There were no Sales reported in the year ended March 2018 and during the previous year ended March 2017.

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