Indian Hotels Company said its net loss for the quarter ended September 2015 has narrowed to Rs 536.40 million from Rs 976.9 million in the same quarter last year.
Revenues for the quarter rose 8.92% to Rs 10,205.80 million, compared with Rs 9,370 million for the prior year period.
Operating margin for the quarter stood at 6.04 percent as compared to 1.58 percent for the previous year period. Operating Income for the quarter was Rs 616.90 million, compared with Rs 147.9 million in the previous year period.
Earnings per share stood negative at Rs 0.66 compared with negative Rs 1.21 in the same quarter last year.
| Quarterly Results - Consolidated (Rs in mn) |
| As at | Sep - 15 | Sep - 14 | %Change |
| Revenues | 10,205.80 | 9,370.00 | 8.92 |
| Net Profit | (536.40) | (976.90) | - |
| Diluted EPS | (0.66) | (1.21) | - |
Shares of the company declined Rs 2.40, or 2.41%, to trade at Rs 97.05. The total volume of shares traded was 17,797 at the BSE (10.51 a.m., Tuesday).
