ITC Hotels on Friday reported a nearly 74 per cent rise in its consolidated net profit for the second quarter ended September at ₹133.29 crore, on higher revenue from operations.
The company, which listed on the stock exchanges earlier this year post its demerger from ITC Limited, had posted a net profit of ₹76.63 crore a year ago.
Revenue from operations stood at ₹839.48 crore during the quarter under review as against ₹777.95 crore in the year-ago period.
Total expenses also rose marginally to ₹699.72 crore from ₹671.29 crore in the corresponding July-September quarter of last year.
In a regulatory filing, ITC Hotels also informed the exchanges that Sudhir Gupta, who was the Head – Procurement of the company, has been elevated as Vice President - Procurement (Senior Management). Comm

Businessline

Moneycontrol
Business Today
ABC11 WTVD Politics
She Knows
New York Post
The Atlanta Journal-Constitution Business
CNN Politics
HowStuffWorks Animals
Atlanta Black Star Entertainment
MENZMAG Entertainment
Raw Story
The Daily Beast