The Indian Hotels Company Limited (IHCL) announced its Un-Audited (Reviewed) financial results for the quarter and nine months ended December 31, 2025. Standalone Profit After Tax for the quarter reached ₹92,060 lakhs, reflecting robust operational performance. The company also highlighted significant strategic activity, including the acquisition of controlling stakes in two new entities during the period.
Standalone Financial Highlights (Q3 FY2026)
The Board of Directors of The Indian Hotels Company Limited (IHCL) reviewed and recorded the Un-audited (Reviewed) financial results for the quarter and nine months ended December 31, 2025.
Key figures for the quarter ended December 31, 2025, compared to the previous corresponding period (Q3 FY2025):
- Total Income: Increased to ₹165,422 lakhs, up from ₹151,695 lakhs in the previous year’s quarter.
- Profit Before Tax: Stood at ₹113,685 lakhs, compared to ₹63,346 lakhs previously.
- Profit After Tax (PAT): Recorded at ₹92,060 lakhs, a significant jump from ₹46,877 lakhs year-over-year.
- Earnings Per Share (Basic & Diluted): Reached ₹6.47, compared to ₹3.30 previously.
For the nine months ended December 31, 2025, the Total Income was ₹391,933 lakhs, resulting in a PAT of ₹145,430 lakhs.
Consolidated Performance Overview
The consolidated results also demonstrated strong momentum across all segments:
- Total Revenue from Operations: Reached ₹284,196 lakhs for the quarter ended December 31, 2025, against ₹253,305 lakhs previously.
- Consolidated Profit After Tax: Total Comprehensive Income attributable to owners stood at ₹100,422 lakhs for the quarter, up from ₹49,449 lakhs year-over-year.
- Consolidated EPS: Basic and Diluted EPS was reported at ₹6.35 for the quarter.
Strategic Business Updates (Exceptional Items)
The results incorporate several material, non-recurring transactions classified as Exceptional Items:
Standalone Exceptional Items
The standalone results included a significant Profit on sale of entire equity stake in a joint venture company amounting to ₹55,012 lakhs recognized in the quarter. Additionally, there were provisions related to Key Money (-₹2,950 lakhs) and the Impact on account of New Labour Codes (-₹4,351 lakhs).
Consolidated Exceptional Items
The consolidated figures reflect Goodwill recognized from the acquisition of two step-down subsidiaries on December 1, 2025:
- Acquisition of ANK Hotels Private Limited (ANK): Total consideration of ₹10,929 lakhs resulted in recognized goodwill of ₹14,488 lakhs.
- Acquisition of Pride Hospitality Private Limited (Pride): Total consideration of ₹8,118 lakhs resulted in recognized goodwill of ₹7,575 lakhs.
In total, the Group recognized ₹22,063 lakhs in goodwill during the quarter from these strategic acquisitions.
Furthermore, the quarter recorded a Profit on sale of entire equity stake in a joint venture (Taj GVK Hotels & Resorts Limited) amounting to ₹39,883 lakhs.
Segment Performance (Consolidated)
The Hotel Services segment remains the dominant contributor:
- For the quarter ended December 31, 2025, Hotel Services Revenue was ₹252,276 lakhs, yielding Segment Results of ₹85,975 lakhs.
- The Air and Institutional Catering segment contributed Revenue of ₹32,115 lakhs and Segment Results of ₹6,820 lakhs. The results for this segment are reported from the date of the business combination on July 23, 2024.
Segment Assets for Hotel Services stood at ₹1,821,021 lakhs as of December 31, 2025.
Source: BSE
