Indian Hotels Company has reported results for third quarter ended December 31, 2020.
The company has reported net loss at Rs 94.84 crore for the quarter under review as compared to net profit at Rs 167.77 crore for the same quarter in the previous year. Total income of the company decreased by 51.29% at Rs 433.72 crore for Q3FY21 as compared Rs 890.38 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net loss attributable to owners at Rs 118.88 crore for the quarter under review as compared to net profit at Rs 203.13 crore for the same quarter in the previous year. Total income of the company decreased by 56.38% at Rs 614.53 crore for Q3FY21 as compared Rs 1408.91 crore for the corresponding quarter previous year.
