Royal Orchid Hotels Ltd Q2FY19 Revenue from operations up by 9%

Deepthi | Myequity news | Date : 31-10-2018 15:25:00 IST

Royal Orchid Hotels Limited, a fast emerging hotel chain operating 5 and 4 star hotels for business and leisure travellers, today reported its second quarter and half year financial results for the quarter year ended 30th September 2018.

Highlights of Q2 FY19 v/s Q2 FY18

∙Revenue from operations Rs 26.96 cr in v/s. Rs 24.72 cr
∙EBIDTA of Rs 4.89 cr v/s. Rs 4.07 cr
∙PBT of Rs 4.54 cr v/s. Rs 3.90 cr

Highlights of HY1 FY19 v/s HY1 FY18

∙Revenue from operations of Rs 52.47 cr in v/s. Rs 46.89 cr
∙EBIDTA of Rs 9.15 cr v/s. Rs 6.18 cr
∙PAT of Rs 5.09 cr v/s. Rs 4.30 cr
∙EPS of Rs 1.86 v/s. EPS of Rs 1.58

Commenting on the results Mr. Chander K Baljee, Managing Director said, “We are delighted to bring you yet another fruitful quarter with good numbers. We are aligned with our growth strategy and opening of Regenta Resort in Bharatpur, our newest property, is the result of the same. ROHL will strive to diverse geographically and expand into tier 2 and 3 cities across India.”

About Royal Orchid & Regenta Hotels:

Royal Orchid Hotels is one of India’s fastest growing hotel chains. It primarily operates 5 and 4 star hotels, enabling it to target the discerning business and leisure traveller. It currently operates 49 hotels across India. Promoted by Mr. Chander K Baljee, Royal Orchid Hotels has become one of India’s most well-known names in hospitality.

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