| During the period, the total income rose from Rs 371 crore to Rs 538 crore, showing a growth of 45 per cent. The growth in profits was driven by healthy improvement in average room rates, backed by a steady growth in its food and beverage business across all key markets. |
| During the year, the company acquired a luxury hotel in Boston for $170 million and in April 2007, it also acquired the Campton Place hotel in San Fransisco. |
| It executed management contracts for new Taj Residency hotels in Goa, Trivandrum and Nagpur, besides new Gateway hotels in Raipur, Jalandhar and Bangalore. It also commissioned its sixth Ginger hotel during the year. |
| The board has recommended a dividend of 160 per cent for 2007. |
| The company's new five-star hotels are under construction in Bangalore, Hyderabad, Mumbai, Coimbatore and Noida. The company is also implementing new projects at Phuket and Cape town. |
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