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Oriental Hotels reports Profit after tax of Rs 177.90 Mln, in the March 2023 quarter

20 Apr 2023 Evaluate
The turnover soared 68.62% to Rs. 1111.70 millions for the March 2023 quarter as compared to Rs. 659.30 millions during the corresponding quarter last year.The company almost doubled its revenue to Rs. 177.90 millions  from Rs. 12.80 millions in the quarter ended March 2023.Operating profit surged to 361.60 millions from the corresponding previous quarter of 138.80 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 1111.70 659.30 68.62 3928.10 2187.00 79.61 3928.10 2187.00 79.61
Other Income 43.90 23.90 83.68 151.50 70.30 115.50 151.50 70.30 115.50
PBIDT 361.60 138.80 160.52 1260.60 299.20 321.32 1260.60 299.20 321.32
Interest 47.50 51.00 -6.86 201.20 222.00 -9.37 201.20 222.00 -9.37
PBDT 314.10 87.80 257.74 1059.40 77.20 1272.28 1059.40 77.20 1272.28
Depreciation 57.90 68.10 -14.98 226.50 262.60 -13.75 226.50 262.60 -13.75
PBT 256.20 19.70 1200.51 832.90 -185.40 -549.24 832.90 -185.40 -549.24
TAX 78.30 6.90 1034.78 248.20 -51.60 -581.01 248.20 -51.60 -581.01
Deferred Tax 34.30 5.60 512.50 102.70 -60.20 -270.60 102.70 -60.20 -270.60
PAT 177.90 12.80 1289.84 584.70 -133.80 -537.00 584.70 -133.80 -537.00
Equity 178.60 178.60 0.00 178.60 178.60 0.00 178.60 178.60 0.00
PBIDTM(%) 32.53 21.05 54.50 32.09 13.68 134.58 32.09 13.68 134.58
Peers
Company Name CMP
The Indian Hotels Co 740.00
ITC Hotels 158.70
Mahindra Holi.&Resor 199.40
EIH 294.55
Chalet Hotels 839.75
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