Bigul

INDIAN HOTELS CO.LTD. - 500850 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

This is further to our letter dated November 8, 2022, intimating the schedule of IHCL Global Conference Call presenting the Unaudited Standalone and Consolidated Financial Results, for the quarter/half year ended September 30, 2022, held on Friday, November 11, 2022, at Mumbai. The transcript of the discussion uploaded on the website of the Company is available at https://www.ihcltata.com/AnalystCall/2022/AnalystCallTranscript-Q2FY2022-23
15-11-2022
Bigul

INDIAN HOTELS CO.LTD. - 500850 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Intimation of Schedule of Analyst/Institutional Investor Meetings under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
15-11-2022
Bigul

INDIAN HOTELS CO.LTD. - 500850 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Intimation of Loss of Share Certificate under Regulation 39(3) of SEBI LODR Regulations, 2015.
15-11-2022
Bigul

INDIAN HOTELS CO.LTD. - 500850 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

This is further to our letter dated November 8, 2022, intimating the schedule of IHCL Global Conference Call presenting the Unaudited Standalone and Consolidated Financial Results for the quarter/half year ended September 30, 2022, held in Mumbai today. Pursuant to the Regulation 30(6) read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, the audio recording of the discussion is available on the website of the Company at https://www.ihcltata.com/AnalystCall/2022/AnalystCall-Q2FY2022-23/
11-11-2022
Bigul

INDIAN HOTELS CO.LTD. - 500850 - Intimation Pursuant To Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Mumbai Port Authorities (the lessor) has revised rates for all lessees in the entire Mumbai city effective October 2012 including in respect of plots provided to the Company by the lessor under a lease agreement, on which the Company has constructed the hotel, Taj Mahal Palace & Tower, Mumbai, the Company has received demand notices for additional differential amount to the tune of Rs. 764 crores for the period October 2012 to October 2022. The Company believes these claims to be exorbitant and untenable. This is consistent with the stand it has taken on the ongoing matter before the Honourable High Court of Judicature at Bombay. The Company is preparing to challenge the additional differential demand based upon legal advice, by filing a legal proceeding in the Honourable High Court of Judicature at Bombay
11-11-2022
Bigul

INDIAN HOTELS CO.LTD. - 500850 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Intimation of Loss of Share Certificate under Regulation 39(3) of SEBI LODR Regulations, 2015.
11-11-2022
Bigul

Q2FY23 Quarterly Result Announced for Indian Hotels Company Ltd.

Indian Hotels Company announced Q2FY23 results: Q2FY23: Revenue of Rs 1,258 crore in Q2FY23, a 67% growth YoY EBITDA of Rs 319 crore in Q2FY23, a 230% growth YoY PAT of Rs 122 crore in Q2 FY 2022-23 compared to a loss of Rs 121 crore in the previous year New Business & F&B; Ginger, in H1FY23, achieved an EBITDA margin of 39% driven by a revenue of Rs 143 crore – a growth of 42% over pre-COVID Commenting on the performance, Mr. Puneet Chhatwal, Managing Director & CEO, IHCL, said, “Business recovery remains robust and demand for travel continued to strengthen with India and other key markets like the US and UK growing double-digits year-on-year; driving a 67% growth in revenue and a return to strong profitability in the traditionally weakest quarter for the industry.” He added, “With our growing network and a robust pipeline of new properties across brands as well as the growth of our new businesses, IHCL is well positioned to meet market demand and capture opportunities.” Mr. Giridhar Sanjeevi, Executive Vice President and Chief Financial Officer, IHCL said, “Despite inflationary pressures, rate premiums enabled by the strength of our brands has resulted in an EBITDA margin of 25.4% and 30.6% for IHCL Consolidated and Standalone for the second quarter, respectively, which is an expansion of over 7 percentage points as compared to pre-COVID. IHCL continues to report a healthy consolidated free cash flow of Rs 181 crores and remains net cash positive.” Result PDF
11-11-2022
Bigul

INDIAN HOTELS CO.LTD. - 500850 - Statement On Deviation Or Variation Of Funds Raised Through Qualified Institutional Placement

Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, we hereby confirm that there is no deviation or variation in use of proceeds raised through Qualified Institutional Placement. The statement of deviation, duly reviewed by the Audit Committee is attached herewith as Annexure A.
10-11-2022
Bigul

INDIAN HOTELS CO.LTD. - 500850 - Statement On Deviation Or Variation Of Funds Raised Through Qualified Institutional Placement

Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, we hereby confirm that there is no deviation or variation in use of proceeds raised through Qualified Institutional Placement. The statement of deviation, duly reviewed by the Audit Committee is attached herewith as Annexure A.
10-11-2022
Bigul

INDIAN HOTELS CO.LTD. - 500850 - Announcement under Regulation 30 (LODR)-Investor Presentation

Further to our letter of the date, intimating the Financial Results of the Company for the quarter / half year ended September 30, 2022, enclosed is a copy of the investors / analyst presentation on the performance of the Company for the said period for your records being made to the analysts at the Global Conference Call to be held on November 11, 2022.
10-11-2022
Next Page
Close

Let's Open Free Demat Account