Oriental Hotels earns Rs 2.67 crore from net loss of Rs 39.76 lakh in Q1; EPS at Rs 3.38

Oriental Hotels Limited (OHL) has reported net profit of Rs 2.67 crore in the first quarter of the current fiscal year 2073/74. Publishing the unaudited report for the first quarter today, the company that runs Hotel Radisson has stated that its net profit after tax has surged to Rs 2.67 crore in the first quarter compared to net loss of Rs 39.76 lakhs in the corresponding quarter of the last fiscal year 2072/73. Its operational profit has also increased to Rs 6.68 crore from Rs 2.58 crore in the corresponding quarter of the last fiscal year. Oriental Hotels has a share capital of Rs 79.17 crore in the first quarter of the fiscal year 2073/74. Its reserve and surplus has depreciated to Rs 5.43 crore in Q1 from Rs 18.72 crore in the same period of corresponding quarter. Its total operating expenditure stood at Rs 14.78 crore in Q1. Its earnings per share (EPS) stands at Rs 3.38 , net worth per share is at Rs 106.86 and P/E ratio at 165.39 times.