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IHCL reports the highest full year pat at Rs 354 crores up by 24% YOY

Desk Correspondent, abptakmaa, Kolkata, 10th June 2020 : The Indian Hotels Company Limited (IHCL), South Asia’s largest hospitality company, reported its Consolidated and Standalone financials for the fourth quarter ending March 31st 2020, year ending March 31st 2020.

KEY CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDING MAR 31, 2020

KEY CONSOLIDATED FINANCIAL RESULTS FOR THE YEAR ENDING MAR 31, 2020

For the year ending March 31ST 2020, the Board of Directors have recommended an equity dividend of
50 per cent amounting to Rs. 0.50 per share.

Commenting on the fiscal performance, Mr. Puneet Chhatwal, Managing Director and Chief Executive Officer IHCL said, IHCL has delivered on the promise of profitable growth across all parameters, culminating in an all-time high EBITDA and PAT. The re-imagined brandscape helped us reach a significant milestone of 200 hotels in our portfolio. Another proud moment for us is the recent recognition of Taj as India’s Strongest Brand across all industries by Brand Finance. This ranking is a testament to the strength of our brand and the trust reposed in us by all our stakeholders, as we ready to welcome guests in the new normal with enhanced health and safety protocols.” Publicity : Adfactors.

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