Skip to main content

MoneyWorks4Me

Royal Orchid reports net loss of Rs 8.16 crore in Q2

31 Oct 2012 Evaluate

Royal Orchid Hotels has reported results for second quarter ended September 30, 2012.

The company has reported a net loss of Rs 8.16 crore for the quarter ended September 30, 2012 as compared to a net loss of Rs 0.17 crore for the same quarter in the previous year. Total income from operation of the company has increased by 14.18% at Rs 24.07 crore for quarter under review as compared to Rs 21.08 crore for the quarter ended September 30, 2011.

Royal Orchid Hotels, is the flagship of the entity of Royal Orchid Group of Hotels, operates 13 business and leisure hotels in six popular destinations. With 17 unique hospitality concepts in the offing, the Royal Orchid Group of Hotels is amongst India’s fastest growing hotel groups.

Peers
Company Name CMP
The Indian Hotels Co 847.70
ITC Hotels 173.40
Mahindra Holi.&Resor 191.45
EIH 299.35
Chalet Hotels 817.55
View more..