Company Profile For Indian Hotels Co Limited

The Indian Hotels Company Limited (IHCL) is an India-based company is engaged in the business of hoteliering. The Company, along with its subsidiaries, associates and joint venture companies, operates under the Taj Hotels Resorts and Palaces brand. IHCL runs hotels under the brands Taj, Taj Residency, VIVANTA by Taj, Gateway and Ginger hotels. During the fiscal year ended March 31, 2009 (fiscal 2009), 12 hotels were opened with an inventory of 1,167 rooms. As of March 31, 2009, the Taj Group operated 99 hotels with 11,754 rooms, and over 281 food and beverage outlets. It has hotels, among other locations, in the United States, Australia, Maldives, the United Kingdom, Sri Lanka, Africa and the Middle East. IHCL’s joint venture operates four wildlife lodges in India. IHCL also operates the Taj Spa and air catering business. During fiscal 2009, it commenced operations at the VIVANTA by Taj in Bangalore, Karnataka; opened TAJ Mount Road hotel in Chennai, and Nadesar Palace in Varanasi.

BRIEF: For the fiscal year ended 31 March 2009, The Indian Hotels Company Limited's revenues decreased 8% to RS27.57B. Net income decreased 96% to RS124.6M. Revenues reflect an decreased income from hoteliering and air catering business segment. Net income also reflects an increase in consumption fuel power & light expenses, higher employee expenditure, incresed general & administrative expenditure and increased interest expense.

Indian Hotels Co Limited
Mandlik House
Mandlik Road
Mumbai     400 001
P: +9122.22026260
F: +9122.22027442

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