Indian Hotels Company has reported results for second quarter ended September 30, 2014.
The company has reported net loss of Rs 7.58 crore for the quarter ended September 30, 2014 as compared to a net loss of Rs 300.32 crore for the same quarter in the previous year. Total income has increased by 8.54% at Rs 441.47 crore for quarter under review as compared to Rs 406.73 crore for the quarter ended September 30, 2013.
On consolidated basis, the company has reported a net loss after taxes and minority interest of Rs 97.69 crore for the quarter under review against a net loss of Rs 433.48 crore in the September quarter of previous fiscal. The company’s total income has increased by 3.71% at Rs 958.67 crore for the quarter from Rs 924.40 crore in the similar quarter of previous year.
