| Metric | Value (₹ Cr) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 2.8K | 39.3% | 12.2% |
| Total Income | 2.9K | 36.5% | 11.9% |
| Expenditure | 2.0K | 18.0% | 12.2% |
| PBT | 1.2K | 165.8% | 44.3% |
| Net Profit | 954.24 | 199.8% | 50.9% |
| OPM | 47.55% | 19.62pp | 24.30pp |
| NPM | 32.90% | 17.92pp | 9.22pp |
| EPS | 6.35 | 217.5% | 55.3% |
IHCL Announces Q3 FY 2025-26 Financial Results: Revenue at INR 2,900 Crores, Up 12% YoY
12 Feb 2026 · 12 Feb, 5:27 pm
Summary
The Indian Hotels Company Limited (IHCL), India’s largest hospitality company, reported its consolidated financials for third quarter and nine months ended December 31, 2025. The company reported a revenue of INR 2,900 crores, a 12% growth over the previous year, EBITDA of 1,134 crores and an EBITDA margin of 39.1%. The revenue in the quarter was driven by a strong same store performance, not like for like growth, supported by a 17% growth in airline and institutional catering and 31% growth in New Businesses.
Key Highlights
- 1
Consolidated revenue of INR 2,900 crores, a 12% growth over the previous year
- 2
EBITDA of 1,134 crores and an EBITDA margin of 39.1%
- 3
Revenue driven by a strong same store performance
- 4
17% growth in airline and institutional catering
- 5
31% growth in New Businesses
- 6
239 signings to reach a portfolio of 617 hotels
- 7
120 hotels opened and onboarded
- 8
Air & Institutional Catering business segment (TajSATS) clocked a revenue of INR 323 crores, 17% growth over the previous year
Management Comments
Mr. Puneet Chhatwal
Managing Director & CEO, IHCL
Q3 FY2026 marks fifteenth consecutive quarter of record performance with a Consolidated revenue of INR 2,900 crores, a 12% growth over the previous year, EBITDA of 1,134 crores and an EBITDA margin of 39.1%.
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