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Last Updated : Aug 12, 2015 04:37 PM IST | Source: PTI

Indian Hotels posts Q1 net profit of Rs 34.78 cr

The company had posted a net loss of Rs 34.82 crore during the corresponding period of the previous fiscal, Indian Hotels Company said in a filing to BSE.

 
 
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Tata group's hospitality firm Indian Hotels Company on Wednesday reported a consolidated net profit of Rs 34.78 crore for the first quarter ended June 30, 2015.

The company had posted a net loss of Rs 34.82 crore during the corresponding period of the previous fiscal, Indian Hotels Company said in a filing to BSE.

Consolidated net sales of the company rose to Rs 1,032.92 crore during the quarter under consideration as against Rs 937.46 crore in the year-ago period.


Indian Hotels Company Ltd and its subsidiaries are collectively known as Taj Hotels Resorts and Palaces.

Taj Hotels Resorts and Palaces currently has 93 hotels in 55 locations across India and 16 international hotels in Maldives, Malaysia, Australia, UK, USA, Bhutan, Sri Lanka, Africa and the Middle East.



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First Published on Aug 12, 2015 04:37 pm
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