Indian Hotels Company has reported results for third quarter ended December 31, 2012.
The company has reported 28.01% rise in its net profit at Rs 64.62 crore for the quarter as compared to Rs 50.48 crore for the same quarter in the previous year. Total income from operation of the company has increased by 3.69% at Rs 550.65 crore for quarter under review as compared to Rs 531.05 crore for the quarter ended December 31, 2011.
Indian Hotels Company and its subsidiaries are collectively known as Taj Hotels Resorts and Palaces. The Taj Hotels Resorts and Palaces currently has 93 hotels in 55 locations across India with an additional 16 international hotels in the Maldives, Malaysia, Australia, UK, USA, Bhutan, Sri Lanka, Africa and the Middle East.