IHCL Ltd Q4FY23 Results

This is a brief review of the fourth quarter results of the Indian Hotels Company Limited. Company continued its growth trajectory into the fourth quarter and reported consolidated revenues of INR 1625 crores, a fantastic y-on-y growth of 86.4%. The domestic business witnessed an 81.8% y-on-y growth in revenue per available room with occupancy going up by 1330 basis points.

You may also refer to our analysis on Q3 results: Recap of 3rd quarter results of IHCL Ltd.