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via business-standard.comBusiness & Companies

Indian Hotels gains 3% as analysts raise earnings estimates after Q2

FROM THE WIRE · BUSINESS-STANDARD.COM

IHCL Share Price: Indian Hotels' Q2 consolidated profit rose 23 per cent to ₹349 crore, while its revenue saw a 21 per cent year-on-year (YoY) growth to ₹2,566 crore.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishStrong profit and revenue growth prompt analysts to raise estimates for the hotel group.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Q2 consolidated profit rose 23% to Rs 349 crore.
  2. 02Revenue grew 21% year on year to Rs 2,566 crore.
  3. 03The stock gains about 3%.

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