The Indian Hotels Company500850Hospitality, hotels
Indian Hotels posted a strong Q2 with revenue up 22%, net profit up 23-24%, margin improvement, and raised FY27 revenue growth guidance; Jefferies hiked target price and maintained buy
By ScoutQuest · · 1 min read
- Revenue growth
- 22 percent
- Net profit growth
- 24 percent
- Margin this quarter
- 28.4 percent
- Margin year ago
- 27.9 percent
- Hotel segment growth
- 25 percent
Heard on business television between 07:42:20 - 07:45:20 IST.
- Revenue grew 22% and net profit grew around 23-24%, with margins improving to 28.4% from 27.9%.
- Strong quarter was led by demand from the bricks summit; hotel segment revenue grew 25% and RevPAR grew 25%, though ARR edged down 0.9% due to temporary softness in air travel.
- Occupancy improved to 82% from 75% on account of the bricks summit; management fees grew around 25%.
- FY27 top-line growth guidance raised to 15-17% from 12-14%, excluding the Oriental Hotels integration which is expected in FY28; company on track for 15 new hotel openings in FY27.
- Management flagged bullish FY28 demand commentary including higher wedding nights as a tailwind.
- Jefferies hiked the target price and maintained a buy rating on the stock.
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Source: Live TV News Channel · 22 Oct 2026
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