Hospitality firm Taj GVK Hotels and Resorts today posted a marginal increase in net profit at Rs 12.91 crore for the third quarter ended December 2010.
In the same period last year, the company had posted net profit of Rs 12.19 crore, it said in a filing to the Bombay Stock Exchange (BSE).
The company's sales grew 9.15% at Rs 70.10 crore during the month, as against Rs 64.22 crore in January 2009.
Taj GVK Hotels and Resorts is a joint venture company between Indian Hotels, a Tata group company and Hyderabad-based GVK Group.
The company currently has operations in Hyderabad, Chandigarh and Chennai.
The company's scrips closed at Rs 113.35 per share, up 3.56% from the previous close on the BSE.
