Net Loss of Oriental Hotels reported to Rs 3.58 crore in the quarter ended June 2018 as against net loss of Rs 5.26 crore during the previous quarter ended June 2017. Sales rose 3.64% to Rs 81.20 crore in the quarter ended June 2018 as against Rs 78.35 crore during the previous quarter ended June 2017.

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Oriental Hotels will hold a meeting of the Board of Directors of the Company on 25 July 2018.

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Net profit of Oriental Hotels declined 16.06% to Rs 5.75 crore in the quarter ended March 2018 as against Rs 6.85 crore during the previous quarter ended March 2017. Sales rose 5.73% to Rs 98.21 crore in the quarter ended March 2018 as against Rs 92.89 crore during the previous quarter ended March 2017.

For the full year,net profit rose 289.61% to Rs 6.00 crore in the year ended March 2018 as against Rs 1.54 crore during the previous year ended March 2017. Sales rose 7.01% to Rs 356.86 crore in the year ended March 2018 as against Rs 333.49 crore during the previous year ended March 2017.

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Oriental Hotels will hold a meeting of the Board of Directors of the Company on 09 May 2018, to consider and approve amongst other business the audited financial results of the Company for the quarter and year ended March 31, 2018 and recommendation of dividend if any.

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