Royal Orchid Hotels Ltd Q1 FY2024 consolidated net profit lower at Rs. 9.69 crore

Royal Orchid Hotels Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 73.7163 crores during the period ended June 30, 2023 as compared to Rs. 76.5381 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 9.6942 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 12.6837 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 3.53 for the period ended June 30, 2023 as compared to Rs. 4.62 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 73.7163 crs	₹76.5381 crs	-3.69%
Net Profit	₹9.6942 crs	₹12.6837 crs	-23.57%
EPS	₹3.53	₹4.62	-23.59%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 73.7163 crores during the period ended June 30, 2023 as compared to Rs.63.4402 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.9.6942 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.11.04 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.3.53 for the period ended June 30, 2023 as compared to Rs.4.03 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 73.7163 crs	₹63.4402 crs	16.20%
Net Profit	₹9.6942 crs	₹11.04 crs	-12.19%
EPS	₹3.53	₹4.03	-12.41%

Shares of Royal Orchid Hotels Limited was last trading in BSE at Rs. 303.45 as compared to the previous close of Rs. 349.05. The total number of shares traded during the day was 56852 in over 3267 trades.

The stock hit an intraday high of Rs. 345.00 and intraday low of 300.95. The net turnover during the day was Rs. 17947312.00.

Source : Equity Bulls

Keywords

RoyalOrchidHotels Q1FY24 ResultUpdate