IHCL Q1 net profit rises 21% to ₹358 crore

Indian Hotels Company Ltd. (IHCL), India’s largest hospitality company belonging to the Tata Group for the first quarter ended June 30, 2026 reported a 21% YoY growth in consolidated net profit at ₹358 crore. 

Consolidated revenue for the quarter grew 15% YoY to ₹2,419 crore.

Puneet Chhatwal, Managing Director & CEO, IHCL, said, “Q1 FY2027 marks the seventeenth consecutive best ever quarter. For the quarter EBITDA stood at ₹753 crore with EBITDA margin at 31.1%, an expansion of 80 basis points.”

“This consistent performance is reflective of IHCL’s diversified brands and businesses offsetting the impact of macro headwinds. The key revenue drivers were 14% RevPAR growth in domestic like for like hotels, 22% increase in revenue of Growth Businesses, 26% growth in management fee income and the strong performance of our recent acquisitions,” he said.

During the quarter the company signed 20 properties taking the portfolio to 645 hotels with a pipeline of 263 and opened 11 hotels including a Taj in Frankfurt and Kruger National Park, South Africa. The company migrated 15 hotels from the ANK Hotels and Pride Hospitality portfolio to IHCL’s portfolio.