ORIENTAL HOTELS LTD. - 500314 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 30 read with paragraph A of Part A of Schedule III, Regulation 47 of the Listing Regulations, please find attached the copy of Newspaper advertisement of the Financial Results of the Company for the quarter/period ended September 30, 2022 in Financial Express (English) and Makkal Kural (Tamil) on October 18, 2022.
Q2FY23 Quarterly Result Announced for Oriental Hotels Ltd.
Oriental Hotels announced Q2FY23 results: Reported revenue of Rs 91.06 crores in Q2FY23 – 72% increase over the same quarter in FY22 With positive EBITDA of Rs 25.70 crores in Q2FY23, reported a 385% increase in EBITDA as compared to Q2 in the last fiscal Achieved EBITDA Margin of 28%, which is a 12 percentage point expansion as compared to FY20 ARR has seen a significant growth of 36% as compared to pre-COVID levels OHL has received the approval for the renewal of the long term lease for Taj Malabar Resort and Spa, Kochi for a period of 30 years beginning September 22, 2022, from the Cochin Port Trust OHL hotels have continued to be RevPar leaders in all the key markets that they are present in Mr. Pramod Ranjan, Managing Director & CEO, Oriental Hotels Ltd. said, “Business continues to be buoyant driven by the resurgence in travel, leading to hotels having outperformed in both, leisure and business segments. Overall occupancy and ARR have exceeded pre-COVID levels. This strong performance over two consecutive quarters has resulted in the company’s highest ever H1 EBITDA at INR 53 crores and EBITDA margin of 29%, in a decade.” Result PDF ORIENTAL HOTELS LTD. - 500314 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Pursuant to Regulation 30 read with Part - A of Schedule - III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached the draft of the press release in relation to the unaudited financial results of the Company for the quarter ended September 30, 2022. ORIENTAL HOTELS LTD. - 500314 - Outcome Of The Board Meeting - Unaudited Financial Results For The Quarter Ended September 30, 2022
Pursuant to Regulation 30 read with Para A of Part A of Schedule III and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, we wish to inform you that the Board of Directors of the Company at their meeting held today (October 17, 2022) approved the unaudited financial results (Standalone and Consolidated) of the Company for the quarter/period ended September 30, 2022 as recommended by the Audit Committee. A copy of the Unaudited Financial Results (Standalone and Consolidated) for the quarter / period ended September 30, 2022 along with the Limited Review Reports issued by the Statutory Auditor's of the Company (with an unmodified opinion) are enclosed. ORIENTAL HOTELS LTD. - 500314 - Closure of Trading Window
In accordance with the Company's Code of Conduct for Prevention of Insider Trading, the Trading Window for trading in the Company's equity shares remains closed from Saturday, October 1, 2022 and will open 48 hours after declaration of financial results with the Stock Exchanges. ORIENTAL HOTELS LTD. - 500314 - Board Meeting Intimation for Notice Of Board Meeting
ORIENTAL HOTELS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/10/2022 ,inter alia, to consider and approve We wish to inform you that a Meeting of the Board of Directors of the Company is scheduled to be held on Monday, October 17, 2022 to consider and approve amongst other business the unaudited financial results (Standalone & Consolidated) of the Company for the quarter ended September 30, 2022. ORIENTAL HOTELS LTD. - 500314 - Reconstitution Of Audit Committee Of The Company
We wish to inform you that the Board of Directors of the Company reconstituted the Audit Committee of the Board by way of Circular Resolution dated September 26, 2022. The composition of the reconstituted Audit Committee with effect from September 26, 2022 as per intimation attached. ORIENTAL HOTELS LTD. - 500314 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nippon Life India Trustee Ltd ORIENTAL HOTELS LTD. - 500314 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 30 read with paragraph A of Part A of Schedule III, Regulation 47 of the Listing Regulations, please find attached the copy of Newspaper advertisement of the Financial Results of the Company for the quarter ended June 30, 2022 in Financial Express (English) and Makkal Kural (Tamil) on July 29, 2022.