The board has recommended a dividend of Rs 0.50 per equity share of Re 1 each fully paid up of the company
Moneycontrol News
@moneycontrolcom
Shares of Indian Hotels Company touched 52-week high of Rs 161, rising 4.5 percent intraday Thursday on the back of robust numbers posted by the company for the quarter ended March 2019.
The company's Q4FY19 net profit was up 54.6% at Rs 122.5 crore versus Rs 79.3 crore in a year ago period.
Revenue was up 8.8 percent at Rs 1,244.3 crore versus Rs 1,143.5 crore.
Earnings before interest, tax, depreciation and amortization (EBITDA) rose 16.1 percent at Rs 284.3 crore against Rs 244.8 crore, while margin was at 22.8 percent versus 21.4 percent, YoY.
The board has recommended a dividend of Rs 0.50 per equity share of Re 1 each fully paid up of the company
At 11:40 hrs Indian Hotels Company was quoting at Rs 156.30, up Rs 2.35, or 1.53 percent on the BSE.For more market news, click here
First Published on May 2, 2019 11:54 am
