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Hotel Leelaventure reports net loss of Rs 92.49 crore in Q2

02 Nov 2012 Evaluate

Hotel Leelaventure has reported results for second quarter ended September 30, 2012.

The company has reported a net loss of Rs 92.49 crore for the quarter ended September 30, 2012 as compared to a net loss of Rs 64.90 crore for the same quarter in the previous year. However, total income of the company has increased by 14.95% at Rs 132.40 crore for quarter under review as compared to Rs 115.18 crore for the quarter ended September 30, 2011.

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

Peers
Company Name CMP
The Indian Hotels Co 741.80
ITC Hotels 159.10
Mahindra Holi.&Resor 200.15
EIH 304.80
Chalet Hotels 879.70
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