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What is the story about?
Shares of Oriental Hotels Ltd. gained over 12% on Tuesday, January 13, after the company reported a strong set of earnings for the third quarter of FY26.
Net profit surged 44% year-on-year to ₹20.7 crore, compared with ₹14.4 crore in the same quarter last year. Revenue increased 14% to ₹139 crore from ₹122 crore a year ago.
Operating performance also improved, with EBITDA rising 20.7% year-on-year to ₹42 crore, up from ₹34.7 crore in Q3FY25. EBITDA margin expanded to 30% from 28.4% in the year-ago period.
Net profit surged 44% year-on-year to ₹20.7 crore, compared with ₹14.4 crore in the same quarter last year. Revenue increased 14% to ₹139 crore from ₹122 crore a year ago.
Operating performance also improved, with EBITDA rising 20.7% year-on-year to ₹42 crore, up from ₹34.7 crore in Q3FY25. EBITDA margin expanded to 30% from 28.4% in the year-ago period.
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