Royal Orchid Hotels Limited reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was INR 527.83 million compared to INR 299.23 million a year ago. Revenue was INR 552.04 million compared to INR 313.98 million a year ago. Net income was INR 44.07 million compared to net loss of INR 28.24 million a year ago. Basic earnings per share from continuing operations was INR 1.61 compared to basic loss per share from continuing operations of INR 1.03 a year ago. Diluted earnings per share from continuing operations was INR 1.61 compared to diluted loss per share from continuing operations of INR 1.03 a year ago.
For the nine months, sales was INR 989.94 million compared to INR 478.36 million a year ago. Revenue was INR 1,089.83 million compared to INR 534.24 million a year ago. Net loss was INR 24.28 million compared to INR 231.01 million a year ago. Basic loss per share from continuing operations was INR 0.89 compared to INR 8.42 a year ago. Diluted loss per share from continuing operations was INR 0.89 compared to INR 8.42 a year ago.