IHCL's Impressive Financial Performance: A 14.71% Surge in Q4 Net Profit
Indian Hotels Company Ltd (IHCL) reported a notable 14.71% increase in year-on-year consolidated net profit for Q4 at Rs 645.43 crore. The revenue climbed to Rs 2,765.29 crore, while expenses rose to Rs 2,014.91 crore. The Board recommended a Rs 3.25 per share dividend. Key growth areas include RevPAR, catering, and new businesses.
In a strong financial showing, Indian Hotels Company Ltd (IHCL) announced a 14.71% rise in their consolidated net profit for the fourth quarter, reaching Rs 645.43 crore. This rise reflects the company's robust performance and growth strategies.
The hospitality giant reported an increase in revenue from operations, totaling Rs 2,765.29 crore for Q4 of FY 2025-26, a year-on-year increase from Rs 2,425.14 crore. Nevertheless, IHCL's total expenses also saw an upswing, rising to Rs 2,014.91 crore in the same quarter.
The board has recommended a dividend of Rs 3.25 per share, pending approval at the upcoming Annual General Meeting. According to Executive Vice President and Chief Financial Officer Ankur Dalwani, the fiscal year saw a broad-based performance led by RevPAR and substantial growth in airline catering, new businesses, and management fees.
(With inputs from agencies.)
Google News