IHCL Shines with 26% Profit Surge in Q1 FY26
Indian Hotels Company Limited (IHCL), owned by the Tata Group, reported a 26.56% increase in net profit for Q1 FY26. The hospitality giant's earnings reached Rs 329.32 crore, with revenue from hotel operations climbing by 14%, leading to a robust EBITDA margin of 31.4%.
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- India
Indian Hotels Company Limited (IHCL), under the ownership of the Tata Group, has announced a significant rise in its consolidated net profit, witnessing a 26.56% increase to Rs 329.32 crore for the first quarter of FY26.
This marks the thirteenth consecutive quarter of record-breaking performance for IHCL, with revenues seeing a notable boost, largely driven by 14% growth in the hotel segment, leading to an impressive EBITDA margin of 31.4%.
The company attributes this success to diversifying its revenue sources, encompassing same-store hotels and new business streams, with a total income increase to Rs 2,102.17 crore. Despite global challenges, the hospitality sector remains resilient, with IHCL signing 12 new deals, expanding its portfolio to over 390 hotels.
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