New Delhi, Nov. 4 -- Tata Group hospitality arm Indian Hotels Company Ltd (IHCL) announced its financial performance for the September quarter (Q2FY26) on November 4, reporting a 48.6% decline in consolidated net profit to Rs.285 crore.

The company had posted a net profit of Rs.555 crore in the same period last year. Sequentially too, the net profit declined 13.4% from Rs.329 crore in the June quarter.

Revenue from operations, however, grew 12% year-on-year to Rs.2,041 crore, compared to Rs.1,826 crore in the corresponding quarter last year. At the operating level, EBITDA rose 14.2% to Rs.572 crore, with margins expanding 60 basis points to 28%.

Puneet Chhatwal, Managing Director & CEO, IHCL, said, "IHCL continued its accelerated growt...