'IHCL aiming for double-digit growth in FY25'

IHCL reported a 29% year-on-year rise in net profit in the fiscal fourth quarter to ₹438 crore. Revenue in the three months ended March 31 grew 17% from a year earlier to ₹1,905.3 crore. IHCL had also announced that it will introduce the re-imagined Gateway, a full service hotel offering in the upscale segment, which it believes will be an 'ideal fit' to tap growth opportunities in emerging micro markets in metros and tier-II and tier-III cities.