Overview
- Consolidated net profit declined about 45–49% year on year—reported at Rs 318.26 crore in a filing and Rs 285 crore in one article—beating a Bloomberg-polled forecast of a Rs 330 crore loss.
- Revenue from operations rose roughly 12% to about Rs 2,041 crore, while total expenses increased to around Rs 1,671–1,672 crore.
- EBITDA grew 13.7% to about Rs 570 crore, with the margin edging up to 27.9% from 27.5% a year earlier.
- IHCL recorded 46 signings in H1 FY26, lifting its portfolio to 570 hotels, and opened 26 hotels, surpassing 250 operating properties in India with over 25,000 rooms.
- Management highlighted 14 Clarks Group hotels onboarded, construction underway at Taj Bandstand in Mumbai, renovations completed at flagship properties, and an expectedly stronger second half driven by corporate travel and events.