Hotel Leelaventure has reported results for first quarter ended June 30, 2012.
On standalone basis, the company has reported a net loss of Rs 101.88 crore for the quarter ended June 30, 2012 against net loss of Rs 26.49 crore for the corresponding period last fiscal. However, total income increased by 23.18% at Rs 138.00 crore during the quarter under review from Rs 112.03 crore in the year-ago period.
Hotel Leelaventure operates hotels and resorts in India. It also operates spas; and offers facilities for meetings and events, weddings, and social celebrations. The company’s portfolio includes luxury hotels and resorts primarily in Mumbai, Bangalore, Goa, Kovalam, Gurgaon, and Udaipur.
