AI assistant
Oriental Hotels Ltd. — Earnings Release 2025
Jan 15, 2025
62141_rns_2025-01-15_1b7f309a-709a-40f4-96ac-605c544d107a.pdf
Earnings Release
Open in viewerOpens 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.