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via thehindubusinessline.comBusiness & Companies

ITC Hotels Q2 net profit jumps 52% to Rs 202.65 crore

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

Hospitality major ITC Hotels on Monday reported a roughly 52 per cent year-on-year increase in consolidated net profit to ₹202.65 crore for the second quarter of this fiscal year, supported by more than a 25 per cent y-o-y jump in gross revenue.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishStrong quarterly profit growth can support the shares of a hospitality group.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Consolidated net profit rose about 52% year on year.
  2. 02Net profit reached Rs 202.65 crore in the second quarter.
  3. 03Gross revenue increased more than 25% year on year.

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