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Showing posts from February 1, 2011

IHCL's Q3 net dips 23 per cent

Indian Hotel Company Ltd's (IHCL) Quarter Three (Q3) net profit has come down by 23 per cent to Rs 50 crore, which ended December 31, 2010 against Rs 65 crore in the same period last year. Absence of insurance towards business interruption and one─time expenditure on brand and promotional activities dragged down the net profit.