HomeNewsBusinessMarketsIndian Hotels shares slip over 3% as strong Q4 triggers profit-booking

Indian Hotels shares slip over 3% as strong Q4 triggers profit-booking

IHCL board has suggested a dividend of Rs 2.25 per equity share, which will be confirmed in the upcoming annual general meeting

May 06, 2025 / 09:37 IST
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IHCL's revenue from operations also increased by 10 percent YoY in Q4

Shares of Indian Hotels Company (IHCL) declined over 3 percent to Rs 773 per share on May 6 after the company posted a decent performance for the March quarter (Q4 of financial year 2025).

In the past month, this hospitality stock has gone up by 6 percent. However, it has not done as well as the Nifty 50 index, which rose by 10 percent in the same period.

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For the March quarter, IHCL’s standalone net profit went up by 30.4 percent compared to the same quarter last year, reaching Rs 481 crore. Revenue from operations also increased by 10 percent year-on-year to Rs 1,476 crore. EBITDA (earnings before interest, taxes, depreciation, and amortisation) jumped by 30 percent to Rs 918 crore, and the EBITDA margin was 36.9 percent.