Shares of the Indian Hotels Company (IHCL) rose 3% to Rs 775 on the BSE on Thursday after the Tata Group company reported nearly 23% year-on-year increase in consolidated net profit to Rs 349.49 crore for the second quarter of FY27, from Rs 284.92 crore reported in the corresponding quarter of the previous financial year.
IHCL, which operates hotels under the Taj brand, reported a 22% YoY rise in revenue from operations to Rs 2,484 crore in the quarter, compared with Rs 2,041 crore a year earlier.
