Buoyant demand continues to drive growth

25 Apr 2024
5 Min read 
  • Indian Hotels reports 17% YoY revenue growth in 4QFY24 
  •  Driven by better occupancy and ARR.
  •  Maintains FY25/FY26 EBITDA estimates and reiterates BUY with TP of INR680 
  •  Consolidated revenue up 17% YoY at INR19.1b.
  •  IH expects to sustain double-digit revenue growth in FY25 
  •  Hospitality industry expected to continue uptrend.
  •  The text contains a series of financial figures and projections 
  •  Data for various fiscal years from FY17 to FY25E.
  •  Figures cover metrics such as revenue, expenses, and profits 
  •  Includes both positive and negative values.
  •  The text ends with a disclaimer about investment risks and a date.
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