India Hotels - Darjeeling, Ooty, Port Blair, Dooars Press Clippings

FINANCIAL RESULTS

UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE QUARTER ENDED 31st December, 2006

*Rev - Reviewed

Particulars	Quarter ended 30.12.06 (Rev)	Quarter ended 31.12.05 (Rev)	9 mnths ended 31.12.06 (Rev)	9 mnths ended 31.12.05 (Rev)	Rs. In lacs Year ended 31.03.06 (Audited)
1) Income from Operations	308.24	246.08	816.94	664.26	845.65
2) Other Income	6.24	4.68	42.60	36.30	60.64
TOTAL INCOME	314.48	250.76	859.54	700.56	906.29

3) Expenditure
a) Food, Beverage & Stores Consumed	36.96	41.26	105.49	108.05	139.47
b) Staff Cost	30.37	24.90	89.33	75.41	104.69
c) Operational Expenditure	83.66	90.48	233.24	238.95	321.53
TOTAL EXPENDITURE	150.99	156.64	428.06	422.41	565.69
GROSS PROFIT	163.49	94.12	431.48	278.15	340.60

4) Depreciation	23.01	22.36	69.04	67.08	89.45
5) Profit before Tax	140.48	71.76	362.44	211.07	251.15
6) Extra Ordinary Item	-	68.00	-	96.14	128.35
	140.48	139.76	362.44	307.21	379.50
7) Provision for Taxation
a) Current Tax	40.00	67.00	75.00	67.00	91.80
b) Fringe Benefit Tax	0.25	-	0.75	-	0.50
8) Net Profit	100.23	72.76	286.69	240.21	287.20
9) Paid-up Equity Share Capital (Face Value Rs 10/-)	317.66	316.77	317.66	316.77	317.66
10) Reserves (excluding Revaluation Reserve)	-	-	-	-	1442.16
11) Earning Per Share (Rs) (not annualised)	3.16	2.30	9.03	7.58	9.04

12) Aggregate non-promoter's Shareholding
No.of Shares	341722	345366	341722	345366	341722
%age of Shareholding	10.76	10.87	10.76	10.87	10.76
Notes :1) The above results were approved at the meeting of the Board of Directors held on 20th January, 2007. 2) There was no shareholders complaint during the quarter.