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Quarterly Results

INDHOTEL · The Indian Hotels Company Limited · NSE · Filed 21 Jul · 1 min read

Indian Hotels posts higher Q1 FY27 profit; Brij Hospitality now consolidated

IHCL reported consolidated profit after tax of ₹390.81 crore for the quarter ended June 30, 2026, up year-on-year, in its first quarter consolidating the newly acquired Brij Hospitality.

What was filed

On July 21, 2026, the board of The Indian Hotels Company Limited (IHCL) approved the unaudited (reviewed) standalone and consolidated financial results for the quarter ended June 30, 2026. BS R & Co. LLP issued limited review reports on both sets of results and did not modify its conclusion. For standalone purposes IHCL reports a single business segment — hoteliering — while its consolidated segment disclosure splits results between Hotel Services and Air and Institutional Catering.

The quarter in numbers

On a consolidated basis, revenue from operations and profit for the period both rose against the same quarter a year earlier, though both were lower than the seasonally stronger March 2026 quarter (figures are in the key-numbers panel). Per the filing, neither the June 2026 nor the June 2025 quarter carried exceptional items, making the year-on-year comparison a clean one. Part of the period's profit is attributable to non-controlling interests, reflecting IHCL's partly owned subsidiaries.

Brij Hospitality now consolidated

The filing records that on April 21, 2026 IHCL, together with step-down subsidiaries ANK Hotels and Pride Hospitality, completed the acquisition of a 51% equity stake (on a fully diluted basis) in Brij Hospitality Private Limited, which has consequently become a subsidiary. The Group accounted for the deal under Ind AS 103 on a provisional basis, recognising provisional goodwill as set out in the panel. This is the first quarterly result in which Brij is folded into the consolidated numbers, alongside ANK, Pride and Sparsh Infratech added in earlier periods.

Consolidated revenue from operations (Q1 FY26)
₹204,108 → ₹233,919 lakhQ1 FY26 → Q1 FY27+15%
Consolidated profit for the period (Q1 FY26)
₹32,932 → ₹39,081 lakhQ1 FY26 → Q1 FY27+19%
Profit attributable to owners (Q1 FY27)
₹35,790 lakhs
Standalone revenue from operations (Q1 FY27)
₹123,200 lakhs
Standalone profit after tax (Q1 FY27)
₹33,718 lakhs
Consolidated basic & diluted EPS (Q1 FY27)
₹2.51
Brij acquisition consideration
₹22,182 lakhs (incl. contingent ₹2,862 lakhs)
Provisional goodwill on Brij acquisition
₹19,276 lakhs

‡ Computed by us from the filing’s own figures — not a company-stated number.

For holders, the filing sets out IHCL's first quarter of FY27 and the first period in which the 51%-owned Brij Hospitality is consolidated, alongside provisional purchase-accounting entries the company notes remain subject to finalisation under Ind AS 103. The results are reviewed, not audited.

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