The Indian Hotels Company (INDHOTEL) — Financial Results

The Indian Hotels Company Limited reported a 69.9% YoY revenue increase to ₹87.22 crores for Q3 FY2024, driven by strong operational performance and portfolio expansion. The company highlighted its transformation journey from FY2017-2024, targeting a 2x revenue growth and 700+ hotel portfolio by 2030. Key growth areas include luxury branded residences and international markets, supported by infrastructure investments and sustainability initiatives. The filing underscores confidence in capturing India's $7 trillion economic growth and rising middle-class demand.

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About The Indian Hotels Company Limited (INDHOTEL)

Consumer Services · Leisure Services · Listed on NSE

Market Cap: ₹93,412.74 Cr P/E: 51.8

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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