Tata group firm indian hotels net profit 121 crore rs in September quarter stock crash 7 percent – Business News India
read on appTata Group company Indian Hotels has released its September quarter results. Indian Hotels has returned to the profit track during the quarter. The latest figures show
that the company has made a net profit of Rs 121.56 crore. At the same time, during the same quarter a year ago, the company had a net loss of Rs 120.58 crore. Indian Hotels sales
grew 69.23% to Rs 1232.61 crore for the quarter ended September 2022. Sales during the previous quarter ended September 2021 stood at Rs 728.37 crore. The company's EBITDA also
grew 230% YoY to Rs 319 crore in the quarter. Indian Hotels reported that the company's hotels in the US, UK, Dubai and Maldives have registered a strong recovery. Read this-
Profits of Ramdev's company fell 32%, loss to investors for 2 consecutive days!
7 percent drop: On Friday, the last trading day of the week, the stock of Indian Hotels
fell up to 7 per cent. During trading, the share price was at Rs 309, while at the end the price was Rs 315.25. At the same time, the market capital remained at the level of Rs 45
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