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Indian Hotels Q4 net falls 31 pct as costs rise
MUMBAI, May 28 (Reuters) - Indian Hotels Co Ltd, part of the diversified Tata conglomerate, posted a 31 percent fall in quarterly net profit on Monday, hurt by higher expenses. The company, which owns and operates the chain of Taj hotels and resorts worldwide, earned 652.1 million rupees for the three months ended in March, compared with 939.3 million rupees a year earlier. Net sales rose 6 percent
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