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Indian Hotels Company’s consolidated net loss narrows to Rs 277.34 crore in Q1

10 Aug 2021 Evaluate

The Indian Hotels Company has reported results for first quarter ended June 30, 2021.

The company has reported net loss at Rs 190.24 crore for the quarter under review as compared to net loss of Rs 238.81 crore for the same quarter in the previous year. However, total income of the company increased by 93.29% at Rs 226.28 crore for Q1FY22 as compared Rs 117.07 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss attributable to owners at Rs 277.34 crore for the quarter under review as compared to net loss of Rs 279.92 crore for the same quarter in the previous year. However, total income of the company reported 2- fold jump at Rs 370.30 crore for Q1FY22 as compared Rs 175.34 crore for the corresponding quarter previous year.

Peers
Company Name CMP
The Indian Hotels Co 741.80
ITC Hotels 159.10
Mahindra Holi.&Resor 200.15
EIH 304.80
Chalet Hotels 879.70
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