Indian Hotels Company has reported results for the second quarter ended September 30, 2013.
The company has reported a net loss of Rs 300.32 crore for the quarter as compared to a net loss of Rs 6.36 crore for the same quarter in the previous year. However, total income of the company has increased by 0.48% at Rs 406.73 crore for quarter under review as compared to Rs 404.79 crore for the quarter ended September 30, 2012.
On the consolidated basis, the company has reported a net loss of Rs 433.48 crore for the quarter as compared to a net loss of Rs 57.49 crore for the same quarter in the previous year. However, total income of the company has increased by 10.69% at Rs 924.40 crore for quarter under review as compared to Rs 835.14 crore for the quarter ended September 30, 2012.
