Oriental Hotels Ltd, an associate company of The Indian Hotels Company Ltd, has reported a standalone profit for the April-June 2025 quarter at ₹8.71 crore.
Oriental Hotels Ltd, an associate company of The Indian Hotels Company Ltd, has reported a standalone profit for the April-June 2025 quarter at ₹8.71 crore.
The city-based company had earned a net profit of ₹3.64 crore during the corresponding quarter of last financial year.
For the financial year ending March 31, 2025 the net profit stood at ₹44.52 crore.
Commenting on the financial performance, company Managing Director and CEO Pramod Ranjan said, "In Q1 FY26, OHL reported a revenue of ₹107 crore, 26% over the previous year enabled by the completion of significant asset upgradations and sustained demand momentum." "The EBITDA (Earnings before Interest Taxes, Depreciation and Amortisation) for the quarter stood at a healthy ₹25.4 crore and a PAT of ₹8.7 crore," he said in a company statement on Saturday.
The standalone total income for the June quarter went up to ₹107.24 crore, from ₹84.78 crore registered in the year ago period.
For the financial year ending March 31, 2025, the total income of the company stood at ₹444.63 crore.
Oriental Hotels has seven hotels, including Taj Coromandel, Chennai, Taj Fisherman's Cove Resort and Spa, Chennai, Taj Malabar Resort and Spa, Cochin, Vivanta Coimbatore, Gateway Madurai and Gateway Coonoor