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

The company had posted a profit of Rs.555 crore in the same period last year, indicating a 49% year-on-year (YoY) decline. However, the quarter included a one-off exceptional gain of Rs.307 crore; excluding this, the net profit would have risen 15% YoY. Sequentially, 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 cror...