Indian Hotels Company Limited (NSE: INDHOTEL) is a hospitality company and is part of the Tata Group. It was founded in 1903 and operates under various brands such as Taj, SeleQtions, Vivanta, and Ginger. IHCL has a presence in over 100 locations worldwide, including India, North America, the United Kingdom, Africa, the Middle East, and South-East Asia. The company has a portfolio of over 200 hotels, resorts, and palaces.<\/p>\n
The company’s revenue comes primarily from room sales, food and beverage sales, and other operating revenues such as spa and banquet services. In terms of earnings, Revenue from Operations for Q3 FY23 was \u20b91,685.80 crore, a 52% increase from \u20b91,111.22 crore in the same period last year. The third quarter\u2019s other income, which contributed \u20b957.71 Crore to the Total Revenue. Meanwhile, the Profit Before Tax improved to \u20b9495 Crore from \u20b9109.45 Crore from the same quarter previous year. The Consolidated Net Profit was \u20b9403.56 crore, up 320% from \u20b995.96 crore in the same quarter last year. This quarter\u2019s earnings per share was \u20b92.69. In the same time period, the company\u2019s Tax Expense increased up to \u20b9116 Crore from \u20b923.17 Crore.<\/p>\n","protected":false},"excerpt":{"rendered":"
Indian Hotels Company Limited (NSE: INDHOTEL) is a hospitality company and is part of the Tata Group. It was founded in 1903 and operates under various brands such as Taj, SeleQtions, Vivanta, and Ginger. IHCL has a presence in over 100 locations worldwide, including India, North America, the United Kingdom, Africa, the Middle East, and […]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392],"tags":[8179],"class_list":["post-142771","post","type-post","status-publish","format-standard","hentry","category-earnings","tag-hotels-restaurants"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":143134,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-lemon-tree-hotels-limited-for-q3-fy23\/","url_meta":{"origin":142771,"position":0},"title":"Earnings Summary Of Lemon Tree Hotels Limited For Q3 FY23","author":"Hardik Bhandare","date":"March 1, 2023","format":false,"excerpt":"Lemon Tree Hotels Limited (NSE: LEMONTREE) is a hospitality company that operates a chain of hotels across India. Lemon Tree Hotels caters to different segments of the hospitality market, offering a range of accommodation options from economy to upscale hotels. The company's hotels are designed to appeal to a diverse\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139605,"url":"https:\/\/alphastreet.com\/india\/indian-hotel-company-limited-q3-fy23-profit-surges-to-%e2%82%b9404-crore\/","url_meta":{"origin":142771,"position":1},"title":"Indian Hotel Company Limited Q3 FY23; Profit Surges To \u20b9404 Crore","author":"Hardik Bhandare","date":"January 31, 2023","format":false,"excerpt":"Indian Hotel Company Limited (NSE: INDHOTEL) reported Revenue from Operations for Q3 FY23 of \u20b91,685.80 Crore up from \u20b91,111.22 Crore year on year, a growth of 52%. 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