The Indian Hotels Company Limited — Board Meeting, 17-01-2025: Outcome of Board Meeting
17-01-2025 | 04:17 pm
17-01-2025 | 04:17 pm
The Board of Directors has convened to review the unaudited financial results for the quarter and nine months ended December 31, 2024. Consolidated revenue from operations reached ₹5909.40 crore, with a profit before tax of ₹1858.09 crore, reflecting continued growth. The board noted a significant exceptional gain of ₹307.36 crore attributed to the change in accounting treatment for Taj SATS Air Catering Limited, now classified as a subsidiary. Overall, the company reported strong performance indicators, emphasizing strategic positioning for future growth.
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