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Indian Hotels Company Limited has released the results for the September 2024 quarter. The company has said that in the second quarter of FY 2025, the company has registered a growth of 232 per cent in its consolidated profit. The company said in an exchange filing that it had registered a profit of Rs 167 crore during the July-September quarter of the previous financial year 2023-24, which has reached Rs 554.6 crore in the quarter ended September 2024.
IHCL's income from operations rose to Rs 1,826 crore in the September quarter from Rs 1,433 crore a year ago. This increase in the company's income is 27.4 percent. The company's EBITDA rose 41.4 percent to Rs 501.2 crore, from Rs 354.5 crore in the same quarter a year ago. The company's EBITDA margin increased from 24.7 percent to 27.5 percent year-on-year.
Share performance On Thursday, the company's stock closed at Rs 688.30 with a gain of 0.53 percent. In the last one year, the company's stock has seen a gain of 71.43 percent. The stock's 52-week high is Rs 720.45.
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