Indian Hotels Company Ltd (IHCL) has reported a robust performance for the March 2025 quarter, underlining its strong growth trajectory in the hospitality sector. The company also announced a dividend, rewarding shareholders for the stellar year.
Key Highlights:
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Dividend Announcement: IHCL has declared a dividend of ₹2.25 per share, reflecting its commitment to delivering value to shareholders.
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Revenue Growth: Consolidated revenue from operations for the March quarter stood at ₹24.25 billion, marking a 27.3% year-on-year increase. This surge was driven by higher occupancy rates and improved average room realizations across its properties.
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Profit Surge: The company posted a consolidated net profit of ₹5.22 billion for the quarter, up 25% from the previous year. This growth was attributed to increased income and operational efficiency.
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EBITDA Performance: Earnings before interest, taxes, depreciation, and amortization (EBITDA) rose by nearly 30% to ₹8.57 billion, with margins improving to 35.3%.
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Market Response: IHCL shares witnessed positive momentum ahead of the results, with the company’s market capitalization touching ₹1.15 lakh crore.
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Operational Excellence: The company’s performance was buoyed by strong demand in both business and leisure travel segments, as well as the successful execution of cost optimization strategies.
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Industry Outlook: IHCL’s results reinforce its leadership in the Indian hospitality sector and its ability to capitalize on the ongoing recovery in travel and tourism.
Source: Moneycontrol, Business Standard, Business Today