The Indian Hotels Company has reported results for fourth quarter and year ended March 31, 2022.
The company has reported net profit at Rs 85.60 crore for the quarter under review as compared to net loss of Rs 49.54 crore for the same quarter in the previous year. Total income of the company increased by 41.25% at Rs 674.59 crore for Q4FY22 as compared Rs 477.57 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net profit at Rs 71.57 crore for the quarter under review as compared to net loss of Rs 97.72 crore for the same quarter in the previous year. Total income of the company increased by 52.42% at Rs 954.88 crore for Q4FY22 as compared Rs 626.47 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported a net loss at Rs 34.45 crore as compared to net loss of Rs 524.78 crore for the previous year. However, total income of the company increased by 73.07% at Rs 2152.42 crore for year under review as compared to Rs 1243.67 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported a net loss at Rs 264.97 crore as compared to net loss of Rs 795.63 crore for the previous year. However, total income of the company increased by 84.57% at Rs 3211.38 crore for year under review as compared to Rs 1739.88 crore for year ended March 31, 2021.
