IHCL shares in focus as Q2 revenue rises 22% YoY, firm hikes FY27 guidance. What Jefferies and other brokerages are saying
60-Word AI Digest
IHCL reported a 22% year-on-year rise in Q2FY27 revenue to Rs 2,484 crore and a 23% increase in net profit to Rs 349.49 crore. The hotel major raised its FY27 revenue growth guidance to 15-17%. Jefferies, Nomura and Nuvama shared their latest ratings and target prices.
Key Takeaways
- IHCL reported a 22% year-on-year rise in Q2FY27 revenue to Rs 2,484 crore and a 23% increase in net profit to Rs 349.49 crore.
- The hotel major raised its FY27 revenue growth guidance to 15-17%.
- Jefferies, Nomura and Nuvama shared their latest ratings and target prices.
IHCL reported a 22% year-on-year rise in Q2FY27 revenue to Rs 2,484 crore and a 23% increase in net profit to Rs 349.49 crore. The hotel major raised its FY27 revenue growth guidance to 15-17%. Jefferies, Nomura and Nuvama shared their latest ratings and target prices.
Original Publisher Attribution
This summary was curated from Economic Times.