ITC Hotels Shares Jump 7% as Q2 Profit Rises 52%
ITC Hotels reported year-on-year September-quarter growth in revenue and profit, with operating margins improving. It also plans to establish a wholly owned subsidiary in Dubai.
ITC Hotels reported strong year-on-year growth in the September quarter, with higher revenue, a sharp rise in profit and an improvement in operating margins. The company also announced plans to establish a wholly owned subsidiary in Dubai, marking a proposed expansion of its hospitality business in…