Tata Group firm Indian Hotels today said its net profit in third quarter of
current fiscal plummeted 37.69 per cent to Rs 83.85 crore.


The company had a net profit of Rs 134.58 crore in the third quarter last
financial year, Indian Hotels Company said in a filing to the Bombay Stock
Exchange.

Total income of hotels, resort and restaurant firm also fell to Rs 478.61
crore in December quarter of FY'09, from Rs 525 crore last fiscal.

For the nine-month period ended December 31, the Tata Group firm posted a
net profit of Rs 195.78 crore, a 19.29 per cent decline over the
corresponding period a year ago. It had a net profit of Rs 242.58 crore in
the same period FY'08.

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