Jaypee Hotels disclosed a steady growth in standalone net profit for the
quarter ended December 2008. During the quarter, the profit of the company
rose 18.59% to Rs 100.34 million from Rs 84.61 million in the same quarter
previous year.

Net sales declined marginally 6.93% to Rs 489.91 million, while total income
for the quarter fell 7.10% to Rs 495.55 million, when compared with the
prior year period.

The company posted earnings of Rs 1.81 a share during the quarter,
registering 19.08% growth over previous year period.


  *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07*
*%Change* *Net Sales* 489.91 526.38 (6.93) *Net Profit* 100.34 84.61
18.59 *Basic
EPS* 1.81 1.52 19.08

Interest cost decreased 41.82% to Rs 4.48 million while depreciation cost
rose 26.87% to Rs 32.91 million over previous year period.

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