Indian Hotels Q3 profit jumps 50%; revenue, EBITDA see double-digit growth

Indian Hotels Company Ltd on Thursday, February 12, reported robust numbers for the third quarter ended December 31, 2025, with net profit surging 50.2% to ₹954.2 crore from ₹635.2 crore a year ago.

Revenue for Q3FY26 increased 12.2% to ₹2,842 crore from ₹2,533 crore year-on-year, reflecting healthy growth momentum.

Earnings before interest, taxes, depreciation, and amortisation (EBITDA) grew 11.9% to ₹1,076 crore versus ₹961.2 crore a year ago while EBITDA margins remained flat at 37.9% against 38%

year-on-year.

As per the exchange filing, Roots Corporation Limited (RCL), a wholly-owned subsidiary of IHCL, acquired a 51% stake in ANK Hotels Private Limited and Pride Hospitality Private Limited on December 1, 2025, for a total cash consideration of ₹190.47 crore.

Following this transaction, both ANK and Pride have become subsidiaries of RCL and step-down subsidiaries of IHCL.

Puneet Chhatwal, Managing Director & CEO, IHCL, said, “Q3 FY2026 marks the 15th consecutive quarter of record performance with a consolidated revenue of ₹2,900 crore, a 12% growth over the previous year. The revenue in the quarter was driven by a strong same store performance, not like for like growth, supported by a 17% growth in airline and institutional catering and 31% growth in new businesses."

He added that the hotel segment reported a revenue of ₹2,579 crore, resulting in the best ever quarterly EBITDA of ₹1,050 crore.

IHCL informed that in FY26, it did 239 signings, taking its portfolio to 617 hotels, and opened and onboarded 120 hotels, supported by strategic partnerships and acquisitions.

Under its Accelerate 2030 strategy, IHCL expanded its brands through the acquisition of a controlling stake in Atmantan, an integrated wellness brand, and entered into definitive agreements to acquire a 51% stake in Brij, a boutique experiential leisure offering. The company also scaled its Ginger brand with a 51% acquisition in ANK & Pride Hospitality.

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IHCL shares closed at ₹702.45 on the NSE on February 12, down by ₹5.10 or 0.72%.

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