Indian Hotels Company has reported results for third quarter ended December 31, 2014.
The company has registered a fall of 20.84% in its net profit at Rs 51.86 crore for the quarter under review as compared to Rs 65.51 crore for the same quarter in the previous year. However, total income of the company has increased 8.77% at Rs 621.51 crore for Q3FY15 as compared Rs 571.38 crore for the corresponding quarter previous year.
On the consolidated basis the company’s net profit after tax, minority interest and share of profit of associates rose 3.81% to Rs 61.84 crore for the Q3 FY15 as compared to Rs 59.57 crore in Q3 FY14. Moreover, the total income increased 5.59% to Rs 1234.36 crore in the quarter under review as compared to Rs 1168.97 crore in the corresponding quarter previous year.
