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07-Dec2017

Hotel Leelaventure shines despite reporting net loss of Rs 24.44 crore in Q2

Hotel Leela Venture is currently trading at Rs. 20.55, up by 0.75 points or 3.79% from its previous closing of Rs. 19.80 on the BSE.

The scrip opened at Rs. 19.85 and has touched a high and low of Rs. 20.80 and Rs. 19.85 respectively. So far 139596 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 27.25 on 10-May-2017 and a 52 week low of Rs. 15.70 on 27-Dec-2016.

Last one week high and low of the scrip stood at Rs. 21.55 and Rs. 19.70 respectively. The current market cap of the company is Rs. 1261.10 crore.

The promoters holding in the company stood at 63.88%, while institutions and non-institutions held 5.21% and 30.90% respectively.

Hotel Leelaventure has reported a net loss of Rs 24.44 crore for the second quarter ended September 30, 2017, as compared to a net loss of Rs 8.95 crore for the same quarter in the previous year. Total income of the company decreased by 14.16% at Rs 149.25 crore for Q2FY18 as compared Rs 173.86 crore for the corresponding quarter previous year.

Hotel Leelaventure is an India-based holding company, which is engaged in hoteliering business. The company is engaged in providing accommodation and food services, and food and beverage services.


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