Indian Hotels Share Price Up by 5.78%; Posted 232% PAT Growth in Q2 FY 2025 Earnings

The Indian Hotels Company Limited (IHCL) has reported consolidated financial results for Q2 FY2025. 

On November 8, 2024, Indian Hotels share price opened at ₹710.00, up from its previous close of ₹683.80. At 10:40 AM, the share price of IHCL was trading at ₹723.30, with a rise of 5.78%.

Q2 FY 2025 Financial Highlights

For the quarter ending September 30, 2024, IHCL reported a 28% year-on-year increase in revenue, reaching ₹1,890 crore. The company’s EBITDA also surged, rising by 40% to ₹565 crore, reflecting strong operational efficiencies. 

Notably, profit after tax (PAT) demonstrated a 232% increase, reaching ₹555 crore. These results are post TajSATS consolidation. 

H1 FY 2025 YoY Performance

In the first half of FY 2025, IHCL recorded a 16% increase in revenue, totalling ₹3,486 crore. EBITDA grew by 23% to ₹1,061 crore, highlighting effective cost management and operational strength. PAT for the six months also showed improvement, up by 106% to ₹803 crore compared to the same period last year. These results are post TajSATS consolidation.

Puneet Chhatwal, Managing Director and CEO of IHCL stated, “For FY2025, we continue to maintain guidance of double-digit revenue growth led by the sustained growth in New Businesses, not like-for-like growth and healthy same-store performance. This is reflected in a strong 16.5% growth in consolidated hotel segment revenue in October which is set to accelerate in the remaining months of Q3.”

He further added that IHCL has achieved a record signing of 42 hotels resulting in an industry-leading portfolio of 350 hotels and met its market guidance of opening two hotels a month with 14 new hotel openings to date. 

“IHCL will take over the management of landmark hotel The Claridges, New Delhi in April 2025 under a hotel operating agreement. In addition, IHCL has entered into definitive agreements to acquire a majority shareholding in Tree of Life brand holding company, expanding its brandscape with a boutique leisure offering,” said Puneet Chhatwal. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.