The Indian Hotels Company Limited (IHCL) has announced robust financial results for the second quarter and half-year ended September 30, 2026. The company reported a 23% year-on-year increase in Profit After Tax (PAT) for Q2 FY27, reaching ₹349 crore. Total revenue saw a significant rise of 21% to ₹2,566 crore. The standalone performance was equally strong, with PAT up 36% to ₹393 crore.
Strong Financial Performance in Q2 FY27
The Indian Hotels Company Limited (IHCL) has disclosed its unaudited financial results for the quarter and half-year ended September 30, 2026, showcasing substantial growth across key financial metrics. The company achieved an impressive 23% year-on-year increase in its consolidated Profit After Tax (PAT), reaching ₹349 crore for the second quarter (Q2 FY27). This performance builds on a foundation of accelerating growth.
Consolidated Financial Highlights
On a consolidated basis, IHCL’s revenue from operations grew by 22% to ₹2,484 crore in Q2 FY27. Operating EBITDA increased by 24% to ₹706 crore, with an improved EBITDA margin of 28.4% compared to 27.9% in the previous year. The hotel segment also demonstrated resilient growth, with revenue up 25% to ₹2,204 crore and Operating EBITDA climbing 30% to ₹655 crore.
Standalone Performance Boost
The company’s standalone results also reflect strong momentum. Revenue from operations for the standalone segment surged by 26% to ₹1,336 crore. Operating EBITDA saw a remarkable 40% increase, reaching ₹520 crore, and the Operating EBITDA margin improved significantly to 38.9% from 31% in the prior year. Profit After Tax (PAT) for the standalone business more than doubled, rising 36% to ₹393 crore.
Half-Yearly Performance
For the half-year ended September 30, 2026 (H1 FY27), consolidated revenue increased by 18% to ₹4,824 crore. Consolidated Operating EBITDA grew by 20% to ₹1,378 crore, with margins expanding by 0.5 pp to 28.6%. Standalone revenue for H1 FY27 rose by 22% to ₹2,568 crore, and Operating EBITDA saw a substantial 36% jump to ₹996 crore, with margins widening by 4.0 pp to 38.8%.
Key Business Segments
The presentation also highlighted key operational achievements, including strong performance driven by domestic hotel segment demand, an upgrading revenue outlook, and a diversified pipeline of 280 hotels. Select service businesses are achieving milestones, with significant numbers of operating Ginger units, Tree of Life properties, and amã Bungalows.
Source: BSE
