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Tata Group stock falls 2% after Q1 net profit jumps 18% to Rs 390 crore
Indian Hotels Company reported a 18.5% net profit rise in Q1 FY27. Revenue per available room increased fourteen percent at domestic hotels. Growth businesses and management fees also contributed significantly to performance. The company added twenty new hotel signings, expanding its overall portfolio. Despite disruptions, IHCL maintained its double-digit revenue growth guidance.
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thehindubusinessline.com
IHCL profit grows 21% to ₹358 crore
IHCL reports a 21% profit increase to ₹358 crore, driven by strong domestic business despite challenges in international markets.
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economictimes.indiatimes.com
IHCL Q1 Results: Profit rises 18% YoY to Rs 390 crore, total income up 15%
Tata Group-backed IHCL reported its 17th consecutive record quarter, with Q1 FY27 net profit rising 18.5% and total income up 15%. Strong hotel performance, rapid expansion,…
