Thu, Apr 25, 2024
Indian Hotels' profit after tax (PAT) soared by 27 per cent to Rs 418 crore against Rs 328 crore Year-on-Year (YoY). It was below research estimates of Rs 430 crore. Revenue from operations were up by 17.20 per cent to Rs 1,905 crore compared to Rs 1,625 crore, slightly above analyst estimates of Rs 1,900. Its EBITDA also soared by 23 per cent to Rs 659 crore against Rs 535 crore YoY. It was also below analyst estimates of Rs 675.
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Wed, Apr 24, 2024
Puneet Chhatwal, Managing Director & CEO of IHCL, said, "With 53 signings in FY2024, IHCL achieved a portfolio of 310 hotels, enabled by attaining scale in each of our brands and forming strategic alliances in new market segments".
Mon, Apr 22, 2024
Indian Hotels Company Q4 FY24 Results Preview, Tata group Q4 earnings: Indian Hotels Company (IHC) is expected to register a 31.1 per cent year-on-year jump in consolidated net profit to Rs 430 crore for the January-March period, according to Zee Business research.
Mon, Nov 21, 2016
TCS and Indian Hotels calls for EGM to oust Cyrus Mistry as chairman of the Tata Sons companies.
Thu, Nov 10, 2016
Tata Chemicals is the second company after Indian Hotels where independent directors have posed full faith in Mistry.
Fri, Nov 04, 2016
Corporate battle at Tata Sons seems never-ending.
Fri, Oct 28, 2016
The company had filed an appeal challenging the earlier judgment dated September 5, 2016.
Thu, Oct 27, 2016
Shares of Tata-owned Indian Hotels Company Ltd tanked nearly 6% after Delhi High Court rejected Taj Mansingh Hotel's bid to extend lease.
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