Oriental Hotels Limited Announces Audited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012
For the nine months, the company reported net salesincome from operations of INR 2,037.8 million compared to INR 1,808.4 million for the same period a year ago. Profit from operations before other income, finance cost and exceptional items of INR 100.3 million compared to INR 207.2 million for the same period a year ago. Loss from ordinary activities before tax of INR 29.8 million compared to profit from ordinary activities before tax of INR 115.7 million for the same period a year ago. Net loss was INR 3.8 million compared to net profit of INR 77.8 million for the same period a year ago. Basic and diluted loss per share of INR 0.02 compared to basic and diluted earnings per share of INR 0.44 for the same period a year ago.