Paid up capital of Oriental Hotels crosses Rs.1 Arba; net profit by the end of second quarter stands at Rs.13.39 Crore

Tue, Feb 12, 2019 1:28 PM on Financial Analysis, Latest, Stock Market,

Oriental Hotels Limited (OHL) has reported hike in its net profit by 14% in the second quarter of the current fiscal year 2075/76.

Publishing the unaudited report for the second quarter report today, the company that runs Hotel Radisson has stated that its net profit after tax has risen to Rs 13.39 crore in the second quarter compared to net profit of Rs 11.75 crore in the corresponding quarter of the last fiscal year 2074/75.

Oriental Hotels has a share capital of Rs 1.07 arba with reserve and surplus of Rs 1 arba in Q2 from Rs 94.63 crore in the corresponding quarter of last fiscal year.

OHL succeeded to collect a total of Rs 56.93 crore from sales and operations.

Its annualized earnings per share (EPS) stands at Rs 12.47, net worth per share is at Rs 193.82 and P/E ratio at 35.04 times.