Oriental Hotel enters the new fiscal year with 21% hike in net profit; annualized EPS stands at Rs 17.32

Oriental Hotels Limited (OHL) has reported hike in its net profit by 21.20% in the first quarter of the current fiscal year 2075/76.

Publishing the unaudited report for the first quarter report today, the company that runs Hotel Radisson has stated that its net profit after tax has risen to Rs 4.04 crore in the first quarter compared to net profit of Rs 2.56 crore in the corresponding quarter of the last fiscal year 2074/75.

Oriental Hotels has a share capital of Rs 93.42 crore with reserve and surplus of Rs 1.16 arba in Q1 from Rs 1.05 arba in the corresponding quarter of last fiscal year.

OHL succeeded to collect a total of Rs 22.34 crore from sales and operations.

Its annualized earnings per share (EPS) stands at Rs 17.32, net worth per share is at Rs 224.13 and P/E ratio at 32.22 times.