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Wednesday, January 24, 2007

Kamat Hotels posts net profit up 28 pc

Kamat Hotels (India) posted a net profit of Rs 8 crore up 28% and net sales of Rs 34 crore up by 43% for the quarter ended December 06.

The Indian hospitality company is understood to be looking at global markets like China and South Africa and at domestic partnerships.

Kamat brands span across all segments from a five star brand-Orchid ecotel to 4 star ecotel - Lotus Suites to budget brand - Kamfotels to heritage hotels and vegetarian restaurant chains.

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