Hyderabad, July 17 -- Tata Group-owned Indian Hotels Company Limited (IHCL) on Thursday reported a 19 pc increase in its consolidated net profit to Rs 296 crore for the first quarter of FY26 as against Rs 248 crore in the corresponding period in the previous year.
The company's consolidated revenues during the quarter saw a 32 per cent increase to Rs 2,102 crore as compared to Rs 1,596 crore in the same period last fiscal year, a release said here.
The country's biggest hospitality player signed 12 hotels across its brandscape with 5 Taj hotels, including 3 Luxury Wildlife Lodges in Kruger National Park, South Africa, 2 SeleQtions and Ginger hotels each and one hotel each under Gateway, Vivanta and Tree of Life brands.
The quarter saw 6 ...