Indian Hotels Co Ltd (LSE:IHTD)
$ 1 0 (0%) Market Cap: - Enterprise Value: 1.26 Bil PE Ratio: 72.62 PB Ratio: 11.97 GF Score: 79/100
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Q3 2024 Indian Hotels Company Ltd Earnings Call Transcript

Feb 02, 2024 / 02:30AM GMT
Operator

Ladies and gentlemen, good day and welcome to the Indian Hotels Company Limited, earnings conference call for quarter three FY 2023, '24. On the call we have with us, Mr. Puneet Chhatwal, Managing Director and CEO, IHCL and Mr. Giridhar Sanjeevi, EVP and CFO, IHCL.

(Operator Instructions)

I now hand the conference over to Mr. Puneet Chhatwal, thank you and over to you.

Puneet Chhatwal Indian Hotels Company Limited;MD
CEO & Executive Director

Good morning everyone, and thank you for joining our global conference call for Q3 2023, '24. India Hotels delivers best ever quarter three. We are pleased to share that our record performance has continued in Q3, making this the seventh consecutive quarter of best-ever performance for IHCL.

Our stand-alone revenue grew 22% year on year to INR1,323 crores, EBITDA grew 30% year on year to INR601 crore, yielding EBITDA margin expansion of 290 basis points to 45.4%. Our consolidated revenues showcased a growth of 15% year on year to INR2,004 crore and EBITDA growth of 18% year

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