Oriental Hotels Ltd. reported standalone net profit for the June quarter rose 10% to ₹12 crore from the year-earlier interval.
Revenue from operations elevated 4% to ₹91 crore, the affiliate firm of The Indian Hotels firm stated in a regulatory submitting.
A wholesome development was witnessed in revenues aided by income per obtainable room in all our key markets, stated MD & CEO Pramod Ranjan.
In the present quarter, the corporate commenced product enhancements throughout its portfolio, together with full repositioning of its key asset Taj Malabar Resort & Spa, Cochin, he stated.
The firm has seven accommodations – Taj Coromandel and Taj Fisherman’s Cove Resort & Spa at Chennai, Taj Malabar Resort & Spa, Cochin, Vivanta Coimbatore, and Vivanta Mangalore.
