Shares of Indian Hotels Company Limited (IHCL) fell slightly on Friday, despite the company reporting robust financial performance for the third quarter (Q3FY26). The stock touched an intraday low of ₹683 on the National Stock Exchange, while the benchmark NSE Nifty50 index was down 0.91%. IHCL shares were trading around ₹703.55, with the company’s market capitalization exceeding ₹1 lakh crore.
IHCL posted a net profit of ₹954.2 crore in Q3FY26, up 50% from ₹635.2 crore in the same period last year. Revenue from operations grew 12.2% year-on-year, reaching ₹2,842 crore, supported by steady demand across hotel operations, airline and institutional catering, and emerging business segments. EBITDA rose 11.9% to ₹1,076 crore, with margins holding steady at 37.9%.
The hotel segment recorded its best quarterly EBITDA at ₹1,050 crore, while ongoing expansion initiatives, including acquisitions and partnerships, contributed to overall growth. IHCL continues to strengthen its presence in the hospitality sector, adding new properties and enhancing service offerings.
Analysts remain positive on the company’s outlook. Axis Securities noted that strong demand, ongoing expansion, and new business lines are expected to drive growth in the coming quarters. IHCL plans disciplined capital expenditure of around ₹1,000 crore, largely funded by internal accruals. The company aims to expand its portfolio to over 700 hotels by 2030, with emphasis on wellness, mid-market, and luxury segments.
Also Read: DGCA fines Air India ₹1 crore over safety