IHCL Q1 profit rises 21% to ₹358 crore; 14 hotel openings planned for Q2
Taj Hotels parent IHCL reported 15% revenue growth to ₹2,419 crore and an 18% rise in EBITDA to ₹753 crore. The company signed 20 properties and opened 11 hotels in Q1, while targeting more than 60 openings in FY27.
IHCL reported 21% YoY quarterly profit growth to ₹358 crore, supported by resilient domestic hotel demand and room upgrades. It signed 20 properties and opened 11 in Q1, with 14 further openings planned in Q2 and 60-plus by FY27.
Why this matters
The results follow IHCL's announced ₹6,000-7,500 crore five-year capex plan, including Taj Bandstand, and its 2030 targets for 700+ hotels and ₹15,000 crore revenue.
retail-company is accelerating, up +965200% QoQ.