Indian Hotels Q2 Results: Indian Hotels Company Limited, a Tata Group company, has announced its second quarter FY25 results today on November 7. There has been a huge jump of 232 percent in the company’s consolidated net profit in the July-September quarter. The company earned a profit of Rs 554.6 crore during this period. The company said in an exchange filing that this figure was Rs 167 crore in the same quarter last year. Meanwhile, shares of Indian Hotels fell by 0.21 percent today and closed at Rs 683.60 on BSE. The market cap of the company is Rs 97,305 crore.
Indian Hotels’ revenue increased by 27.4 percent
Indian Hotels Company’s revenue increased by 27.4 percent to Rs 1,826 crore during the September quarter. Revenue in the same quarter a year ago was Rs 1433 crore. The total income of the company increased to Rs 1890.2 crore in the current quarter from Rs 1890.2 crore.
The company’s expenses during the September quarter increased to Rs 1,502 crore from Rs 1,248.68 crore in the year-ago period. During this period, the company’s EBITDA stood at Rs 501.27 crore, which was Rs 354.78 crore in the same period a year ago, which is an increase of 41.3 percent.
Performance of Indian Hotels shares
Shares of Indian Hotels Company have increased by about 5 percent in the last one month. The stock has given a return of 21 percent in the last 6 months. The company’s shares have fallen 58 percent so far this year. In the last one year, its investors have got a strong return of 71 percent. At the same time, it has made a profit of 375 percent in the last 5 years.
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