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Oriental Hotels pays 10 p.c. final
Oriental Hotels has announced a final dividend of 10 per cent for the year ended March 31, 2003. The board had earlier declared an interim dividend of 20 per cent, making a total of 30 per cent against 45 per cent paid in the previous year. The turnover is lower at Rs. 99.04 crores against Rs. 100.11 crores. Income from operations was marginally higher at Rs. 95.05 crores against Rs. 89.25 crores. The profit before tax was Rs. 9.29 crores against Rs. 17.06 crores and the profit after tax at Rs. 5.38 crores against Rs. 8.40 crores.
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