Tata group's IHCL to foray into home delivery of food and beverages

The Tata group's hospitality arm posted an over 24 percent jump in net profit for the year ended March at Rs 363.74 crore, as compared to Rs 296.12 crore in the previous fiscal.

With the Covid-19 pandemic hitting the hospitality industry hard, Tata group's Indian Hotels Company Ltd (IHCL) is planning to venture into other areas of revenue generation, including home delivery of food and beverages.

"We have had a really nice response to our Hospitality@Home service, where customers can order our products for take away from our hotels across the country.

"Very shortly, we will also be announcing our plans to begin delivering our products to customers. All of this is aimed at helping take our hospitality to our customers' homes," IHCL Managing Director and Chief Executive Officer Puneet Chhatwal told PTI on Thursday.

IHCL