Indian Hotels posts Rs 24.96 crore loss for April-June

Revenue from operations of the company stood at Rs 907.30 crore for the quarter under consideration.

Indian Hotels posts Rs 24.96 crore loss for April-June
Tata Group hospitality firm Indian Hotels Company today reported narrowing of its consolidated net loss to Rs 24.96 crore for the first quarter ended June 30, 2017

The company had posted a net loss of Rs 169.45 crore for the corresponding period of the previous fiscal, Indian Hotels Company Ltd said in a filing to BSE.

Revenue from operations of the company stood at Rs 907.30 crore for the quarter under consideration as against Rs 946.63 crore for the same period year ago.

Shares of Indian Hotels Company Ltd today closed at Rs 127.70, up 0.95 per cent on BSE.
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