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Tata group's IHCL records 25% higher net profit for Q4FY25 at Rs 522 crore

Business Standard LogoBusiness Standard8h ago

Tata group's IHCL records 25% higher net profit for Q4FY25 at Rs 522 crore - Business Standard

Quick Summary:

Speaking about the impact of US tariffs on the global travel scenario, Chhatwal told investors in a post-earnings call that the move could benefit India as businesses relocate to the country due to the lower tariff rates imposed here.

Among these 30 openings will be a 127-key Vivanta and a 151-key Ginger property in Ekta Nagar, Gujarat, by the December quarter of FY26, 100 new keys in Varanasi, and a 126-key Taj property in Frankfurt by the March quarter next year.

The company had reported a net profit of ₹417.7 crore in the same period last year.


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Category: BusinessFinance

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News Sentiment: Neutral

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Published On: 2025-05-05 @ 21:54:46 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 471 words

Reading Time: 3 minutes read

Sentences: 18 lines

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Copyright Owner: © Business Standard

News ID: 28410409

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