 "Tata Group's hospitality arm and Taj Hotels' parent company Indian Hotels Company (IHCL) on Tuesday set a target to grow consolidated revenue 2x to Rs 15,000 crore and double the portfolio of hotels to over 700 by 2030.")
Tata Group-owned Indian Hotels Company Limited (IHCL) on Thursday reported a 26.56 per cent rise in its consolidated net profit to ₹329.32 crore in the first quarter of FY26.
The country's biggest hospitality player posted a net profit of ₹260.19 crore in the corresponding period of the previous financial year.
Its total income from operations stood at ₹2,102.17 crore during the April-June quarter, against ₹1,596.27 crore in the year-ago period.
The company's total expenses also increased to ₹1,662.35 crore, from ₹1,267.78 crore a year ago, a regulatory filing showed.
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