Revenue from operations grew 11.8% year-on-year to ₹2,040.8 crore from ₹1,826 crore in the corresponding quarter of the previous year.
Also Read: IHCL invests ₹220 crore in Netherlands-based wholly owned subsidiary IHOCO BV
Earnings before interest, tax, depreciation, and amortisation (EBITDA) increased 14.2% year-on-year to ₹572 crore against ₹501 crore a year ago. The company’s EBITDA margin stood at 28%, up from 27.4% in the same quarter last year.
Shares of Indian Hotels Company Ltd ended at ₹743.75, down by ₹3.30, or 0.44%, on the BSE.
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