INDHOTELBSETHE INDIAN HOTELS CO. LTDLowNeutral
Announced Tue, 21 Jul · 18:00 IST

IHCL Q1 FY27: Revenue up 15% at INR 2,419 cr; PAT up 21%

INDHOTEL · price

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AI summary

India's largest hospitality company IHCL reported its 17th consecutive best-ever quarter. Consolidated revenue rose 15% to INR 2,419 crores with PAT up 21% at INR 358 crores. EBITDA stood at INR 753 crores (margin 31.1%, up 80 bps). Domestic RevPAR grew 14%. Added 20 new signings, opened 11 hotels, taking portfolio to 645 with pipeline of 263. Gross cash at INR 4,439 crores.

Likely market impact

Strong quarter with double-digit growth in revenue and profit; reaffirms FY27 double-digit revenue growth guidance.