IHCL Q1 net profit rises 21% to ₹358 crore
Indian Hotels Company Ltd. (IHCL) reported a 21% increase in consolidated net profit for the first quarter of fiscal year 2027. The company attributes this growth to strong performance across its diversified brand portfolio and successful recent acquisitions.
Why it matters
The results indicate a robust recovery and expansion phase for the Indian hospitality sector under the Tata Group's management.
Indian Hotels Company Ltd. (IHCL), India’s largest hospitality company belonging to the Tata Group for the first quarter ended June 30, 2026 reported a 21% YoY growth in consolidated net profit at ₹358 crore.
Consolidated revenue for the quarter grew 15% YoY to ₹2,419 crore.
Puneet Chhatwal, Managing Director & CEO, IHCL, said, “Q1 FY2027 marks the seventeenth consecutive best ever quarter. For the quarter EBITDA stood at ₹753 crore with EBITDA margin at 31.1%, an expansion of 80 basis points.”
“This consistent performance is reflective of IHCL’s diversified brands and businesses offsetting the impact of macro headwinds. The key revenue drivers were 14% RevPAR growth in domestic like for like hotels, 22% increase in revenue of Growth Businesses, 26% growth in management fee income and the strong performance of our recent acquisitions,” he said.
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