IHCL's Expanding Portfolio: Resilience Amid Geopolitical Challenges
IHCL, owned by Tata Group, reported a notable 26.56% increase in net profit for Q1 FY26. Despite global uncertainties affecting operations, IHCL achieved a record 13th consecutive quarter of growth. The company continues expansion with new hotel signings, focusing on international growth via the Taj brand.
- Country:
- India
The Tata Group's Indian Hotels Company Limited (IHCL) has demonstrated significant resilience by achieving a 26.56% rise in net profits in the first quarter of FY26, despite geopolitical hurdles.
This marks the 13th consecutive quarter of record performance for IHCL, with consolidated revenue seeing a robust double-digit growth.
CEO Puneet Chhatwal attributes this success to strategic diversification and international expansions, particularly under the prestigious Taj brand.
(With inputs from agencies.)
ALSO READ
Mubadala Targets AI and Robotics for Industrial Growth
Lutnick Forecasts Explosive U.S. GDP Growth Amid Tensions over EU Tariffs
Rallis India Reports Dramatic Profit Decline Despite Revenue Growth
U.S. GDP Growth Anticipated to Surpass 5% Despite EU Tariff Tensions
Jharkhand CM Hemant Soren Advocates for Sustainable Growth at WEF Davos

