Indian Hotels Co Ltd's Q3FY25 Quarter Results
- 22 Jan 2025
Result Summary
- Indian Hotels Co Ltd reported a 37.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 29.4%.
- Its expenses for the quarter were up by 17.0% QoQ and 25.6% YoY.
- The net profit increased 8.5% QoQ and increased 32.6% YoY.
- The earnings per share (EPS) of Indian Hotels Co Ltd stood at 4.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 2591.73 | 1890.22 | 2003.64 | 37.1% | 29.4% |
Total Expenses | 1757.70 | 1502.01 | 1398.93 | 17.0% | 25.6% |
Profit Before Tax | 834.03 | 695.57 | 604.71 | 19.9% | 37.9% |
Tax | 220.21 | 122.36 | 166.72 | 80.0% | 32.1% |
Profit After Tax | 632.53 | 582.71 | 476.93 | 8.5% | 32.6% |
Earnings Per Share | 4.10 | 3.90 | 3.20 | 5.1% | 28.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Indian Hotels Co Ltd, a prominent player in the hospitality sector, operates a range of hotels, resorts, and other hospitality services across India and internationally. This company is part of the Tata Group, a renowned conglomerate in India, and is well-known for its iconic brand, Taj Hotels. Indian Hotels Co Ltd has been pivotal in shaping luxury and comfort in the hospitality industry. The company’s offerings primarily include lodging, food and beverage services, wellness experiences, and conference facilities. As of the latest update, Indian Hotels Co Ltd has been focusing on expanding its portfolio with new properties and enhancing customer experience through digital transformation strategies.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Indian Hotels Co Ltd reported a total income of ₹2591.73 crores. This represents a significant increase of 37.1% compared to the previous quarter (Q2FY25), where the total income was ₹1890.22 crores. When compared to the same quarter in the previous year (Q3FY24), which recorded a total income of ₹2003.64 crores, there is a 29.4% year-over-year increase. This growth in revenue indicates a robust performance of the company’s operations during this quarter. The increase could be attributed to various factors such as higher occupancy rates, increased room rates, or expanded service offerings, though specific reasons are not detailed in the data provided.
Profitability
Indian Hotels Co Ltd's profitability metrics for Q3FY25 show a healthy upward trend. The profit before tax for the quarter stood at ₹834.03 crores, marking a substantial quarter-over-quarter increase of 19.9% from ₹695.57 crores in Q2FY25. Year-over-year, the profit before tax has grown by 37.9% from ₹604.71 crores in Q3FY24. After accounting for taxes, the profit after tax for Q3FY25 was ₹632.53 crores, which is an 8.5% increase from the previous quarter's ₹582.71 crores, and a 32.6% increase from the Q3FY24 figure of ₹476.93 crores. Earnings per share also saw an increase, reaching ₹4.10 in Q3FY25 from ₹3.90 in Q2FY25 and ₹3.20 in Q3FY24. The company's ability to maintain profitability growth amidst increased expenses demonstrates effective cost management and robust revenue generation.
Operating Metrics
The total expenses for Indian Hotels Co Ltd in Q3FY25 amounted to ₹1757.70 crores, reflecting a 17.0% increase from ₹1502.01 crores in Q2FY25 and a 25.6% rise from ₹1398.93 crores in Q3FY24. The increase in total expenses suggests an expansion in operating activities, possibly due to higher operational costs associated with increased business volume or strategic investments in business growth. The tax expense for the period was ₹220.21 crores, showing a significant quarter-over-quarter increase of 80.0% from ₹122.36 crores in Q2FY25 and a 32.1% year-over-year increase from ₹166.72 crores in Q3FY24. This rise in tax expense correlates with the increased profit before tax, reflecting the company's enhanced earnings capacity. These metrics highlight the company’s operational scale and the financial implications of its growth strategies during this period.
