IHCL records 20% rise in profit
Indian Hotels Company Ltd (IHCL) has recorded a 20 percent increase in consolidated net profit at Rs 59.5 crore for the quarter ending 31st December 2013.
The company had posted a net profit of Rs 49.7 crore in the reporting quarter last year. Consolidated income from operations reported during the quarter rose 10 percent to Rs 1,167 crore as against Rs 1,060 crore posted in the corresponding quarter last year.
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