Indian Hotels shares tumble 4% after company posts Q3 profit at Rs 633 crore

January 20, 2025

Indian Hotels shares: Tata Group-backed IHCL shares fell 3.9% to Rs 782.20 despite reporting a 33% rise in quarterly profit to Rs 633 crore and a 29% increase in revenue to Rs 2,592 crore. CEO Puneet Chhatwal highlighted plans for 700 hotels by 2030 and remained optimistic about sector growth.

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