Posted inBusiness

Royal Orchids profit rises 53.03% for June quarter

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Royal Orchids profit rises 53.03% for June quarter

Royal Orchid Hotels have reported a rise in standalone net profit for the quarter that ended June 2010.

During the quarter, the profit of the company rose 53.30% to INR23.98 million from INR15.64 million at the same time last year.

Net sales for the quarter for rose 15.50% to INR206.09 million, while total income for the quarter rose 19.75% to INR217.24 million, when compared with the year before this.

Ronan Fearon, General Manager, JW Marriott Bengaluru Prestige Golfshire; Uzma Irfan, Director of Corporate Communications - Prestige Group; Anuradha Venkatachalam, Captain (Hotel Manager), Moxy Bengaluru Airport Prestige Tech Cloud; Rezwan Razack, Managing Director, Prestige Group; Irfan Razack, Chairman and Managing Director, Prestige Group; Zaid Sadiq, Executive Director - Liaison & Hospitality, Noaman Razack, Director Prestige Group; Ranju Alex, Area Vice President- South Asia, Marriott International; Suresh Singaravelu, Executive Director - Retail, Hospitality & Business Expansion
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