Oriental Hotels Ltd. reported standalone net profit for the June quarter rose 10% to ₹12 crore from the year-earlier period.
Revenue from operations increased 4% to ₹91 crore, the associate company of The Indian Hotels company said in a regulatory filing.
A healthy growth was witnessed in revenues aided by revenue per available room in all our key markets, said MD & CEO Pramod Ranjan.
In the current quarter, the company commenced product enhancements across its portfolio, including complete repositioning of its key asset Taj Malabar Resort & Spa, Cochin, he said.
The company has seven hotels – Taj Coromandel and Taj Fisherman’s Cove Resort & Spa at Chennai, Taj Malabar Resort & Spa, Cochin, Vivanta Coimbatore, and Vivanta Mangalore.
