IHCL's Expanding Portfolio: Resilience Amid Geopolitical Challenges
IHCL, owned by Tata Group, reported a notable 26.56% increase in net profit for Q1 FY26. Despite global uncertainties affecting operations, IHCL achieved a record 13th consecutive quarter of growth. The company continues expansion with new hotel signings, focusing on international growth via the Taj brand.
- Country:
- India
The Tata Group's Indian Hotels Company Limited (IHCL) has demonstrated significant resilience by achieving a 26.56% rise in net profits in the first quarter of FY26, despite geopolitical hurdles.
This marks the 13th consecutive quarter of record performance for IHCL, with consolidated revenue seeing a robust double-digit growth.
CEO Puneet Chhatwal attributes this success to strategic diversification and international expansions, particularly under the prestigious Taj brand.
(With inputs from agencies.)
Advertisement
ALSO READ
EIB Group and VEHIS Partner to Boost SME Auto Financing and EV Growth in Poland
PC Jeweller clocks 80 pc revenue growth in Q1, to be debt free in FY26
BMW Group India records highest-ever H1 car deliveries, on fast-track with 10% growth.
The Silent Engine: Why content-led growth outlasts everything
The Silent Engine: Why content-led growth outlasts everything
Google News