Indian Hotels has posted a 42 increase in net profit at Rs 87.99 crore for the quarter ended December 31, 2006 (Q3FY07) when compared with Rs 61.54 crore for Q3FY06. According to an official release issued by the company to the BSE today, total income has increased to Rs 412.33 crore for Q3FY07, from Rs 328.50 crore for Q3FY06.