HOTEL REVENUE
Fundamental Radar I 3 factors seen driving 13% revenue CAGR for Indian Hotels: Sneha Poddar
Indian Hotels reported strong numbers for the September quarter, with a double-digit growth both in the revenue and profit. Given the strong momentum in growth during the first half of FY24, Sneha Poddar of Motilal Oswal Financial is optimistic about a simila...
ITC Q1 Results: Profit jumps 18% YoY to Rs 4,903 cr as margins improve; revenue declines 8.5%
ITC reported a nearly 18% year-on-year (YoY) rise in net profit for the quarter ended June 2023 to Rs 4,903 crore. Revenue from operations, net of excise duty, declined 8.5% YoY to Rs 15,828.20 crore. Operating margin expanded sharply by 541 basis points to...
ITC: 'Won't buy a stake in hotels if BAT wants an exit post demerger'
ITC demerger has been making headlines ever since its announcement. The company told analysts that it won't be a buyer in case a large shareholder like BAT wants to exit the hotel business following its demerger into a new subsidiary.ITC: 'Won't buy a stake in hotels if BAT wants ...
What Chalet Hotels is doing to tide over Covid crisis
Despite troubled times, retail and commercial segment's revenue grew by 40 per cent year on year. Projects in the pipeline remain deferred to a future date, says Sanjay Sethi, MD & CEO, Chalet Hotels.What Chalet Hotels is doing to tide over Covid crisis
Stocks for tomorrow: Tata Motors DVR, ONGC, Titan
Stocks for tomorrow: Tata Motors DVR, ONGC, Titan
