Royal Orchid Hotels Limited Announces Consolidated and Standalone Earnings Results for the Fourth Quarter and Full Year of Fiscal 2017
May 31, 2017 at 07:51 am EDT
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Royal Orchid Hotels Limited announced consolidated and standalone earnings results for the fourth quarter and full year of fiscal 2017. For the quarter, on consolidated basis, the company reported total income of INR 462.9 million against INR 452.8 million a year ago. EBITDA was INR 83.8 million against INR 97.6 million a year ago. EBIT was INR 51.7 million against INR 59.1 million a year ago. PBT was INR 19.6 million against INR 19.0 million a year ago. Net profit was INR 19.0 million against INR 16.0 million a year ago.
For the quarter, on standalone basis, the company reported total income of INR 265.1 million against INR 264.8 million a year ago. EBITDA was INR 59.3 million against INR 60.9 million a year ago. EBIT was INR 49.7 million against INR 46.5 million a year ago. PBT was INR 33.9 million against INR 30.4 million a year ago. Net profit was INR 33.5 million against INR 30.4 million a year ago.
For the full year, on consolidated basis, the company reported total income of INR 1,695.9 million against INR 1,642.1 million a year ago. EBITDA was INR 274.6 million against INR 260.2 million a year ago. EBIT was INR 143.5 million against INR 121.2 million a year ago. PBT was INR 21.9 million against loss of INR 28.0 million a year ago. Net profit was INR 14.1 million against loss of INR 36.4 million a year ago.
For the full year, on standalone basis, the company reported total income of INR 995.6 million against INR 947.8 million a year ago. EBITDA was INR 202.3 million against INR 175.9 million a year ago. EBIT was INR 159.8 million against INR 135.9 million a year ago. PBT was INR 99.6 million against INR 74.8 million a year ago. Net profit was INR 99.2 million against INR 74.8 million 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.