Tata Group stock falls 2% after Q1 net profit jumps 18% to Rs 390 crore

Indian Hotels Company reported a 18.5% net profit rise in Q1 FY27. Revenue per available room increased fourteen percent at domestic hotels. Growth businesses and management fees also contributed significantly to performance. The company added twenty new hotel signings, expanding its overall portfolio. Despite disruptions, IHCL maintained its double-digit revenue growth guidance.

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