Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Oriental Hotels Ltd. Earnings Release 2025

Jan 15, 2025

62141_rns_2025-01-15_1b7f309a-709a-40f4-96ac-605c544d107a.pdf

Earnings Release

Open in viewer

Opens in your device viewer

==> picture [450 x 54] intentionally omitted <==

OHL:SEC: Q3(pr):2024-25 January 15, 2025

The Manager – Listing National Stock Exchange of India Ltd. Exchange Plaza, 5[th] Floor, Plot No. C/1G Block, Bandra Kurla Complex Bandra (E), Mumbai: 400051 Symbol: ORIENTHOT

The Manager – Listing Department BSE Ltd. II Floor, New Trading Ring Rountana Building P J Towers, Dalal Street, Mumbai: 400001 Scrip Code: 500314

Dear Sir/Madam,

Sub: Press Release

Further to our letter of the date intimating the Unaudited Financial Results of the Company for the quarter/ period ended December 31, 2024, enclosed is a copy of the Press Release on the same.

Kindly take the submission on record.

Thanking you, Yours faithfully,

For ORIENTAL HOTELS LIMITED

Digitally signed by S AKILA Date: 2025.01.15 15:09:36 S AKILA +05'30'

S. Akila Company Secretary A15861 Address: Taj Coromandel, No. 37, Mahatma Gandhi Road, Nungambakkam, Chennai - 600034.

==> picture [450 x 67] intentionally omitted <==

==> picture [251 x 26] intentionally omitted <==

PRESS RELEASE

ORIENTAL HOTELS LIMITED (OHL) ANNOUNCES Q3 FY 2024-25 FINANCIAL RESULTS

CHENNAI, JANUARY 15, 2025: Oriental Hotels Limited (OHL) reported its results for the third quarter ending December 31, 2024.

STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDING DECEMBER 31, 2024

==> picture [453 x 106] intentionally omitted <==

----- Start of picture text ----- Quarter Revenue EBITDA Profit After TaxQ3 FY 24/25 INR 122.05 Cr INR 34.88 Cr INR 13.99 CrQ3 FY 23/24 INR 106.07 Cr INR 32.65 Cr INR 16.43 Cr----- End of picture text -----

STANDALONE FINANCIAL RESULTS FOR THE NINE MONTHS ENDING DECEMBER 31, 2024

==> picture [453 x 106] intentionally omitted <==

----- Start of picture text ----- Nine Months Ending Revenue EBITDA Profit After Tax9M FY 24/25 INR 311.27 Cr INR 75.63 Cr INR 26.83 Cr9M FY 23/24 INR 298.28 Cr INR 84.13 Cr INR 39.01 Cr----- End of picture text -----

Mr. Pramod Ranjan, Managing Director & CEO, Oriental Hotels Ltd. said, “In Q3 FY25, OHL has reported an operating revenue of INR 121 crores , a growth of 20% over the previous year. Led by an 11% increase in average room rate resulting in an operating EBITDA of INR 34 crores , a growth of 22%. For the ninemonth period revenue stood at INR 311 crore with a healthy profit after tax of INR 27 crores .”

KEY HIGHLIGHTS

  • Taj in 2024, has been recognized as India's Strongest Brand across sectors for the fourth time and the World's Strongest Hotel Brand for the third time, by Brand Finance . OHL has 3 Taj branded hotels in its portfolio.

  • In Q2, Madurai and Coonoor hotels migrated under the re-imagined Gateway brand.

  • This year, the iconic Taj Coromandel, Chennai celebrates its 50[th] year milestone.

About Oriental Hotels Limited

Oriental Hotels Limited is an associate company of The Indian Hotels Company Limited (IHCL). The company has seven hotels – Taj Coromandel, Chennai Taj Fisherman’s Cove Resort & Spa, Chennai Taj Malabar Resort & Spa, Cochin, Vivanta Coimbatore, Vivanta Mangalore; Gateway Madurai and Gateway Coonoor.