business / news / / The Economic Times
The Indian Hotels Company Limited (IHCL) reported a 15% rise in net profit to Rs 600 crore for the fourth quarter of FY26, from Rs 522 crore in the same period last year.
IHCL's Q4 net profit rose 15% YoY to Rs 600 crore but fell 36% sequentially.
KEY POINTS
- Iran-US war led to Dubai hotel occupancy plunging to 25%, hurting IHCL's fee income.
- IHCL managed LPG supply disruptions by switching to alternative fuels in domestic hotels.
- Elara Capital downgraded IHCL due to geopolitical impacts, trimming FY27 EBITDA and PAT estimates by 4%.
- IHCL plans 60+ hotel openings in FY27, aiming for 12–14% annual top-line growth.
COMPANIES
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