Royal Orchid Hotels announced Q4FY23 & FY23 results:
- Standalone Q4FY23:
- Total Income of Rs 48.67 crore vs Rs 26.57 crore – 83%
- EBIDTA of Rs 16.66 crore vs Rs 8.51 crore – 95%
- PAT of Rs 7.18 crore vs Rs 2.78 crore – 158%
- EPS of Rs 2.62 vs EPS of Rs 1.01 – 159%
- Standalone FY23:
- Total Income of Rs 176.62 crore vs Rs 88.25 crore – 100%
- EBIDTA of Rs 61.85 crore vs Rs 23.54 crore – 162%
- PAT of Rs 28.18 crore vs Rs (0.73) crore – 3960%
- EPS of Rs 10.27 vs EPS of Rs (0.26) – 4050%
- Consolidated Q4FY23:
- Total Income Rs 76.54 crore in vs Rs 46.95 crore – 63%
- EBIDTA of Rs 25.80 crore vs Rs 14.24 crore – 81%
- PAT of Rs 13.12 crore vs Rs 31.67 crore – (58%)
- EPS of Rs 4.62 vs EPS of Rs 11.59 – (60%)
- Consolidated FY23:
- Total Income Rs 279.69 crore in vs Rs 155.93 crore – 79%
- EBIDTA of Rs 98.03 crore vs Rs 40.35 crore – 142%
- PAT of Rs 49.22 crore vs Rs 26.78 crore – 83%
- EPS of Rs 17.15 vs EPS of Rs 10.71 – 60%
In reference to the results, Chander K Baljee, Chairman & Managing Director, expressed, "This year has been significant for us in multiple aspects – commemorating our 50 years in the Industry, expanding internationally, and sustaining business success. We are dedicated to providing a value-driven luxury Experience to every Indian through our portfolio of over 90 hotels and 5,442 keys till date. The resurgence of travel affirms our belief in the ever-evolving Indian traveler, whether for leisure or business purposes. Our strategic plan involves expanding the Regenta brand into Tier 2 & 3 cities, exploring smaller cities with promising potential."