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IHCL: IHCl aiming for double digit topline growth this fiscal: IHCL MD and CEO Puneet Chhatwal

IHCL aims for double-digit growth, plans 25-30 hotel openings this fiscal. It will launch hotels overseas but focus on India. Chhatwal, MD and CEO, says FY2025 will be a breakthrough year for international expansion, with a primary focus on the Indian subcontinent. The branded hotel supply in India is expected to grow fivefold in the next 7-10 years. IHCL reported a 29% rise in net profit for Q4 FY2024. It will introduce a re-imagined Gateway hotel offering in the upscale segment, targeting growth opportunities in emerging micro markets. ....

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Latest News | IHCL Q2 Consolidated PAT at Rs 130 Crore

Get latest articles and stories on Latest News at LatestLY. The Indian Hotels Company (IHCL) on Thursday reported a consolidated profit after tax (PAT) of Rs 129.59 crore for the September quarter following growth in travel demand.
Latest News | IHCL Q2 Consolidated PAT at Rs 130 Crore. ....

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