Oriental Hotels has reported results for third quarter ended December 31, 2013.
The company has reported 63.38% fall in its net profit at Rs 1.19 crore for the quarter as compared to Rs 3.25 crore for the same quarter in the previous year. However, total income from operation of the company has increased by 6.24% at Rs 82.74 crore for quarter under review as compared to Rs 77.88 crore for the quarter ended December 31, 2012.
Oriental Hotels (OHL), a Taj group hotel arm, was incorporated in the year 1970 as a public limited company. The Group’s principal activities are to own and operate hotels and restaurants.
