Indian firms Oriental Hotels and Angel One report Q1 profit declines

Oriental Hotels profit Angel One profit Q1 FY27 earnings Indian hospitality Indian fintech

Mumbai – Hospitality company Oriental Hotels Limited announced a 20% fall in its consolidated net profit for the first quarter of FY27, posting Rs 5.3 crore compared with Rs 6.6 crore a year earlier. Revenue from operations rose 3% year‑on‑year to Rs 111 crore, but the earnings drop led the shares to sink about 6% in early trading.

Fintech and broking firm Angel One Limited reported a 27.8% quarter‑on‑quarter decline in net profit for the same quarter, recording Rs 231 crore versus Rs 320 crore in the previous quarter. Revenue slipped 2.1% to Rs 1,430 crore and EBITDA fell 19% to Rs 485 crore. The company declared an interim dividend of Rs 1 per share while noting strong growth in client funding and assets under management.

Sources

Oriental Hotels posts weaker Q1 profit at Rs 5. 3 crore [assamtribune.com]

23 days ago

Angel One’s Q1 net profit declines 28 pc sequentially to Rs 231 crore - tennews. in: National News Portal [tennews.in]

23 days ago

Newgen Software’s Quarterly Profit Falls 41% as Revenue Declines - IndUS Business Journal [indusbusinessjournal.com]

22 days ago

Angel One surges on reporting over two-fold jump in Q1 consolidated net profit [udaipurkiran.com]

22 days ago

ITC Hotels Q1 net up 36 pc at Rs 181. 91 cr [www.news18.com]

22 days ago