The Indian Hotels Co. Ltd. saw a 26.8% uptick in it consolidated net profit to Rs 376 crore, compared to Rs 296 crore in the year ago period, as per an exchange filing from the company on Tuesday. The firm's revenue increased by 14.6% to Rs 2,339 crore, compared to Rs 2,041 crore in the preceding financial year.
The firm's Ebitda (earnings before interest, taxes, depreciation and amortisation) saw a 16.8% increase to Rs 673 crore from the previous fiscal's Rs 576 crore. The company's Ebitda Margin expanded to 28.8% from 28.2%.
Indian Hotels Q1 Result Highlights (Cons,YoY)
- Net profit rises 26.8% at Rs 376 crore versus Rs 296 crore.
- Revenue rises 14.6% at Rs 2,339 crore versus Rs 2,041 crore.
- Ebitda rises 16.8% at Rs 673 crore versus Rs 576 crore.
- Margin at 28.8% versus 28.2%.
Indian Hotels Stock Price Movement
The Indian Hotels Co. Ltd.'s share price saw a 0.90% uptick to Rs 731.60, at the end of the day's trade, compared to a 0.21% downturn of the NSE Nifty 50.
The stock opened at Rs 729.00, compared to its previous close of Rs 725.05. During today's trading session, The Indian Hotels Company Ltd. share price moved in the range of Rs 716.00 to Rs 750.00.
Looking at its last 52-week performance, the stock has touched a low of Rs 565.00 and a high of Rs 811.95. On the performance front, The Indian Hotels Company Ltd. share price is down 5.20% on a year-on-year basis.
The market capitalization of The Indian Hotels Company Ltd. is Rs 1.10 Lakh Cr, with a P/E ratio of 66.23.
(This is a developing story.)
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