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Indian Hotels + VSNL

August 1, 2007

Net profit of Indian Hotels Company rose 42.23% to Rs 54.76 crore in Q1June 2007 over Q1 June 2006. Sales were up 34.65% to Rs 346.50 crore Q1 June 2007 over Q1 June 2006.

The current market price of Rs 140.15 discounts its Q1 June 2007 annualised EPS of Rs 3.63, by a PE multiple of 38.6.

VSNL’s net profit rose 18.22% to Rs 104.16 crore in Q1 June 2007 over Q1 June 2006. Total income soared 88.49% to Rs 1035.45 crore in Q1 June 2007 over Q1 June 2006.

The current market price of Rs 448 discounts its Q1 June 2007 annualised EPS of Rs 14.62, by a PE multiple of 30.64.

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