IHIndian Hotels Company500850Quarterly results

Board approves reviewed Q2 and H1 results; auditor's conclusion unmodified

Board met on October 21, 2026 (2:00 p.m. to 4:08 p.m.) and approved the Un-audited (Reviewed) Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026.

By ScoutQuest · Wed 21 Oct 2026, 5:02 PM IST · 2 min read

Total income YoY growth

+20.8% (year ago 212425)

Profit after tax (latest)

37985 lakhs (+19.4% YoY)

Period

Quarter Ended 30.09.2026 (Reviewed)

Board outcome

The Board of Directors met on October 21, 2026, from 2:00 p.m. to 4:08 p.m., and approved the Un-audited (Reviewed) Standalone and Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2026, together with the Limited Review Reports. The results were reviewed by the Audit and Compliance Committee and approved by the Board on the same date.

Auditor's review conclusion

BSR & Co. LLP carried out a limited review, which is narrower in scope than a full audit. For the standalone statement, the auditors stated that nothing had come to their attention that caused them to believe the statement was not prepared in accordance with the applicable accounting standards or contained a material misstatement. The same unmodified conclusion was given for the consolidated statement.

Standalone performance (Rs. lakhs)

• Revenue from Operations: 133613 in the quarter ended September 30, 2026, against 106049 in the quarter ended September 30, 2025
• Total Income: 144131, against 116586
• Profit before Exceptional Items and Tax: 53014, against 38373
• Profit after tax: 39264, against 28912
• Half year: Total Income 273891 and Profit after tax 72982, against 226511 and 53370 respectively
• Earnings per share (face value Re. 1, not annualised): 2.76 for the quarter and 5.13 for the half year

Exceptional items

The standalone results include a net exceptional charge of (900) lakhs in both the quarter and the half year. It consists of a provision for impairment in a subsidiary that incurred losses of (499) lakhs and expenses relating to a proposed merger of an associate company of (401) lakhs.

Balance sheet and cash

Total assets stood at 1610192 lakhs as at September 30, 2026. Cash and cash equivalents were 6622 lakhs. Net cash generated from operating activities for the half year was 70288 lakhs. Paid-up equity share capital was 14234 lakhs.

Other points noted in the results

• On April 21, 2026, the Company, together with step-down subsidiaries ANK Hotels Private Limited and Pride Hospitality Private Limited, completed the acquisition of a 51% equity stake (on a fully diluted basis) in Brij Hospitality Private Limited, which has consequently become a subsidiary of the Company.
• The Board, at its meeting held on August 24, 2026, approved a Scheme of Arrangement for the amalgamation of Oriental Hotels Limited into the Company, subject to sanction of the National Company Law Tribunal, approvals of shareholders and/or creditors, and other regulatory approvals.
• Hoteliering is the Company's only business segment, so segment-wise disclosure is not applicable.

What a reader can take away

This is the Company's regular quarterly and half-yearly result disclosure, accompanied by the auditors' review reports. The figures to track are the movement in Revenue from Operations and Profit after tax, the size of the exceptional charge, and the effect of the completed Brij Hospitality acquisition on the consolidated numbers.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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