Indian Hotels Company has reported results for third quarter ended December 31, 2015.
The company has reported 18.97% rise in its net profit at Rs 61.70 crore for the quarter ended December 31, 2015 as compared to Rs 51.86 crore for the same quarter in the previous year. The company’s total income has increased by 9.53% to Rs 680.73 crore for the quarter under review from Rs 621.51 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported 83.75% fall in its net profit after tax and minority interest nd Share of Profit/(Loss) of Associates at Rs 10.05 crore for the quarter ended December 30, 2015 as compared to Rs 61.84 crore for the same quarter in the previous year. However, total income of the company has increased by 7.94% at Rs 1333.34 crore for quarter under review as compared to Rs 1235.30 crore for the quarter ended December 30, 2014.
