trending Market Intelligence /marketintelligence/en/news-insights/trending/OTLQA7in-kX-7ejvCjyf3A2 content esgSubNav
In This List

Cindrella Hotels profit holds relatively steady YOY in fiscal Q3

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Cindrella Hotels profit holds relatively steady YOY in fiscal Q3

Cindrella Hotels Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was 387,500 rupees, compared with 388,130 rupees in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin dropped to 4.3% from 5.0% in the year-earlier period.

Total revenue climbed 17.3% on an annual basis to 9.1 million rupees from 7.7 million rupees, and total operating expenses rose 16.5% on an annual basis to 8.2 million rupees from 7.1 million rupees.

Reported net income came to 430,000 rupees, compared with 429,000 rupees in the prior-year period.

As of Feb. 26, US$1 was equivalent to 61.76 Indian rupees.