Shares of Indian Hotels Ltd. reported results for the September quarter after market hours on Tuesday, November 4, which puts the stock in the spotlight for Thursday's trading session due to the market holiday on Wednesday.

For the September quarter, Indian Hotels reported a 12% year-on-year growth in its topline to ₹2,124 crore, while its net profit, on an adjusted basis, increased by 15% from last year to ₹285 crore. The profit growth figure is excluding the one-off exceptional gain of ₹307 crore that the company made in the same quarter last year due to the subsidiarization of TajSATS.

Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased by 16% from the same quarter last year to ₹653 crore, while margins expanded by 90 basis points to 30.8% at the end of the

See Full Page