Q4FY17 Results:Indian Hotels Company

Indian Hotels reported its results for the quarter ended March 31, 2017 on Friday.

Total sales for this quarter, Q4FY17, came in at Rs. 707 crore. This represents a 1.73 per cent sequential increase and 3.21 per cent YoY increase.

Operating profit (EBIT) for the recently concluded quarter amounted to Rs. 151.5 crore and the EBIT margin stood at 21.43 per cent.

It reported PAT of Rs. 40.65 crore which represents a sequential QoQ decline of 52.63 per cent and a YoY decline of 42.34 per cent.

Today, the stock opened at Rs. 137.6 on the BSE and had gone u by 0.35 per cent
 
Indian Hotels company ltd is an India based company. Its a flagship company of Taj group. IHCL operates in the luxury, upper upscale, upscale and value segments of the market. The other areas of business include Taj Air, a luxury private jet operation and Taj Yachts. The company also operates airline-catering services.