The Indian Hotels Company reports 50% rise in Q3 consolidated net profit

The Indian Hotels Company has reported results for third quarter ended December 31, 2018.

The company has reported a rise of 47.69% in its net profit at Rs 137.69 crore for the quarter under review as compared to Rs 93.23 crore for the same quarter in the previous year. Total income of the company increased by 5.12% at Rs 816.12 crore for Q3FY19 as compared Rs 776.34 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 49.98% in its net profit at Rs 161.78 crore for the quarter under review as compared to Rs 107.87 crore for the same quarter in the previous year. Total income of the company increased by 9.93% at Rs 1337.97 crore for Q3FY19 as compared Rs 1217.12 crore for the corresponding quarter previous year.

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