The hospitality company s revenue rose 16.5% and net profit 25.5%. Its new ventures like budget hotels and catering services showed significant growth, too.
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IHCL reported revenue from operations of Rs 1433 crore for the quarter ended September 30 this year, up from Rs 1233 crore in the previous fiscal. On a half-yearly basis, the chain reported a profit of Rs 415 crore and revenues of Rs 2900 crore for this fiscal, up by 34% and 16%, respectively.
Indian Hotels Q2 profit after tax (PAT): Total income from operations rose to ₹1,480.87 crore in July-September period from ₹1,257.57 crore in the corresponding quarter of 2022-23.