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flag IHCL reports 29% rise in net profit to ₹582 crore for Q4 2024, targeting 700 hotels by 2030.

flag Indian Hotels Company Ltd. (IHCL) reported a 29% rise in net profit to ₹582 crore for the quarter ending December 2024, with revenues increasing 29% to ₹2,592 crore. flag The hotel segment saw a 16% revenue growth, driven by new businesses and a 20% increase in the US portfolio. flag IHCL anticipates strong demand in coming quarters due to regional events and travel. flag The company aims to expand its hotel portfolio to 700 by 2030 under its Accelerate 2030 strategy.

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