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Indian Hotels falls 2% as Q4 EBITDA misses estimate but brokerages bullish on strong demand outlook

IHCL will continue to deliver double digit revenue growth with new businesses at 30 percent and opening of 25 hotels, managing director & CEO Puneet Chhatwal has said ....

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indian hotels shares: Indian Hotels shares down by 5% after Q4 results. Should you buy the dip?

Indian Hotels reported consolidated revenue growth of 17% year-on-year (YoY) in 4QFY24, led by 19% YoY revenue growth in the standalone business and the growth in the standalone business was driven by better occupancy (up 440 bps YoY) and ARR (up 4% YoY; LFL 8% excluding Ginger Santacruz). ....

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indian hotels: Indian Hotels well placed to benefit from rising travel demand

In the March 2024 quarter, the company s revenue grew by 17.2% year-on-year to Rs1,905 crore. Net profit jumped by 29.4% to Rs438 crore. The management commentary during an analyst call after the results hinted at a sustained demand for rooms in FY25. ....

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Indian Hotels Q4 Results: Cons PAT jumps 27% YoY to Rs 418 crore

The revenue from operations stood at Rs 1,951 crore for the reported quarter, higher by 18% from Rs 1,625 crore posted in Q4FY23. On a quarter-on-quarter (QoQ) basis, it was down by 3% over Rs 1,964 crore reported in the October-December quarter. ....

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Tata Group Stock IHCL Rises Today; Should you Buy the Hotel Stock This Holiday Season?

Shares of Indian Hotels Company Ltd. (IHCL) traded 2.21 per cent up at Rs 346.45 on Tuesday early trade ....

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