Oriental Hotels Q1 Results Live : Oriental Hotels announced their Q1 results on 12 Jul, 2024, reporting a decrease in revenue by 11.47% Year-over-Year. The company incurred a loss of ₹1.35 crore during this quarter.
Comparing to the same period in the previous fiscal year where Oriental Hotels had recorded a profit of ₹7.39 crore, this quarter’s performance reflects a significant decline.
The revenue also saw a decline of 23.73% when compared to the previous quarter.
Selling, general & administrative expenses showed an increase of 7.37% quarter-over-quarter and 8.76% year-over-year.
Operating income witnessed a substantial decrease of 76.03% sequentially and 70.43% annually.
The Earnings Per Share (EPS) for Q1 stands at ₹-0.08, marking a significant decrease of 119.51% Year-over-Year.
Oriental Hotels’ stock performance in the market includes a return of 1.2% in the last week, 9.42% over the last 6 months, and 13.59% Year-to-Date.
The market capitalization of Oriental Hotels currently stands at ₹2478.06 crore with a 52-week high/low of ₹154.8 and ₹79.05 respectively.
Oriental Hotels Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 81.97 | 107.48 | -23.73% | 92.59 | -11.47% |
| Selling/ General/ Admin Expenses Total | 23.6 | 21.98 | +7.37% | 21.7 | +8.76% |
| Depreciation/ Amortization | 6.78 | 6.22 | +9% | 5.78 | +17.3% |
| Total Operating Expense | 77.04 | 86.91 | -11.36% | 75.92 | +1.48% |
| Operating Income | 4.93 | 20.57 | -76.03% | 16.67 | -70.43% |
| Net Income Before Taxes | 2.2 | 20.99 | -89.52% | 13.08 | -83.18% |
| Net Income | -1.35 | 19.33 | -106.98% | 7.39 | -118.27% |
| Diluted Normalized EPS | -0.08 | 1.08 | -107.41% | 0.41 | -119.51% |