IHCL reports revenue from operations of Rs 2484 cr for Q2, PAT at Rs 380 cr

Indian Hotels Company Limited has announced a revenue of Rs 2484 crore for the second quarter. The company expects to surpass its goal of a 700-hotel portfolio under the Accelerate 2030 initiative. Earnings before interest, taxes, depreciation, and amortization stood at Rs 788 crore, showcasing a strong performance. IHCL plans to open 30 new hotels in the fiscal year's second half, adding to its existing portfolio.