India's Chalet Hotels up after posting over three-fold jump in profit

Chalet Hotels

31/07/2023 08:19

** Shares of Chalet Hotels  CHAL.NS  rise as much as 4.2% to 495
rupees
    ** Co reports more than three-fold jump in consolidated net
profit for June qtr to 886.6 mln rupees ($10.78 mln) 
    ** Revenue from operations rise nearly 23% to 3.11 bln
rupees 
    ** About 334,613 shares change hands by 12:42 p.m. IST, 1.4x
the 30-day avg - Refinitiv Data
    ** As of last close, stock up nearly 37% YTD 

($1 = 82.2220 Indian rupees)

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))