Date:28/10/2006 URL: http://www.thehindu.com/2006/10/28/stories/2006102802031607.htm

Business - Briefly

Royal Orchid Hotels posts Rs. 6.68 cr. net

BANGALORE: The Royal Orchid Hotels Ltd. (ROHL) has posted a net profit after tax of Rs. 6.68 crore during the first half compared with Rs. 3.64 crore for the corresponding period last year. "ROHL has been consistently maintaining healthy increase in profits year on end and we hope to gain momentum by the end of the financial year (March 2007). Our expansion plans continue to be on track and schedule," Chender Baljee, Chairman and Managing Director of the company, said.