Royal Orchid Hotels Limited Announces Audited Standalone Earnings Results for the Fourth Quarter and Standalone and Consolidated Earnings Results for the Full Year Ended March 31, 2019
May 29, 2019 at 10:07 am IST
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Royal Orchid Hotels Limited announced audited standalone earnings results for the fourth quarter and standalone and consolidated earnings results for the full year ended March 31, 2019. For the quarter, on standalone basis, the company reported income from operations was INR 295.3 million against INR 262.7 million a year ago. PAT of was INR 30.5 million against INR 24.6 million a year ago. Basic earnings per share was INR 1.10 against INR 0.90 a year ago. Diluted earnings per share was INR 1.09 against INR 0.89 a year ago.
For the year, on standalone basis income from operations was INR 1,126.0 million against INR 1,021.4 million a year ago. PAT of INR 126.207 million against INR 109.8 million a year ago. Basic earnings per share was INR 4.59 against INR 4.03 a year ago. Diluted earnings per share was INR 4.56 against INR 4.00 a year ago.
For the year, on consolidated basis, the company reported income from operations was INR 2,038.3 million against INR 1,894.5 million a year ago. PAT was INR 131.1 million against INR 24.1 million a year ago. Basic earnings per share was INR 4.83 against INR 0.90 a year ago. Diluted earnings per share was INR 4.79 against INR 0.89 a year ago.
Royal Orchid Hotels Limited is an India-based company, which is engaged in the business of operating and managing hotels/ resorts and providing related services, through its portfolio of hotel properties across the country. Its hotels include Regenta Central Antarim, Regenta Inn Ranip, Regenta Central, Hotel Royal Orchid, Royal Orchid Central, Royal Orchid Resort & Convention Centre, Regenta Resort Vanya Mahal, Regenta Central Deccan, Regenta Resort Mashobra, Regenta Central Hestia, Regenta Orkos and others. The Company operates hotels in Ahmedabad, Amritsar, Bangalore, Bharuch, Bhuj, Chandigarh, Chennai, Goa, Gurgaon, Hampi, Haridwar, Jaipur, Kolkata, Udaipur and others. The Companyâs products include rooms and food and beverage services. The Company has approximately 95 plus hotels, 5700 plus guest rooms, and 160 plus restaurants and bars. It also provides business hotels, wildlife tourism, leisure hotels, wedding destinations, religious destinations, and historic destinations.
Royal Orchid Hotels Limited Announces Audited Standalone Earnings Results for the Fourth Quarter and Standalone and Consolidated Earnings Results for the Full Year Ended March 31, 2019