The Indian Hotels Company reports 50% rise in Q3 consolidated net profit

The Indian Hotels Company Ltd. | Hotel, Resort & Restaurants | Travel & Hospitality | BSE: 500850 | NSE: INDHOTEL

13 Feb 2019 Evaluate

The Indian Hotels Company has reported results for third quarter ended December 31, 2018.

The company has reported a rise of 47.69% in its net profit at Rs 137.69 crore for the quarter under review as compared to Rs 93.23 crore for the same quarter in the previous year. Total income of the company increased by 5.12% at Rs 816.12 crore for Q3FY19 as compared Rs 776.34 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 49.98% in its net profit at Rs 161.78 crore for the quarter under review as compared to Rs 107.87 crore for the same quarter in the previous year. Total income of the company increased by 9.93% at Rs 1337.97 crore for Q3FY19 as compared Rs 1217.12 crore for the corresponding quarter previous year.

Peers

Company Name	CMP
The Indian Hotels Co	743.00
ITC Hotels	161.35
Mahindra Holi.&Resor	201.65
EIH	301.55
Chalet Hotels	883.00
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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