IHCL Q2 results: Net profit zooms more than 3-fold to Rs 582.71 cr

Q: How long will it take to read this news story?

The story "IHCL Q2 results: Net profit zooms more than 3-fold to Rs 582.71 cr" has 394 words across 13 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "IHCL Q2 results: Net profit zooms more than 3-fold to Rs 582.71 cr" was covered 2 weeks ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 341 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23461460</li><li>URL: https://beamstart.com/news/ihcl-q2-results-net-profit-17309870816380</li></ul>

Business Standard Logo Business Standard 2w ago

IHCL Q2 results: Net profit zooms more than 3-fold to Rs 582.71 cr - Business Standard

Quick Summary:

Indian Hotels Company Ltd on Thursday reported a more than three-fold rise in its consolidated net profit to Rs 582.71 crore for the second quarter of 2024-25, helped by exceptional gains from the consolidation of its air and institutional catering business segment TajSATS.

Its revenue from operations increased to Rs 1,826.12 crore in the June-September quarter from Rs 1,433.20 crore in the corresponding quarter of the last financial year.

The country's largest hospitality firm had registered a net profit of Rs 178.97 crore in the year-ago period, according to a regulatory filing.