IHCL has Rs 3,000 cr cash instead of debt; to launch new brands, travel packages in next few months Puneet Chhatwal

Image for article IHCL has Rs 3,000 cr cash instead of debt; to launch new brands, travel packages in next few months Puneet Chhatwal
News Source : The Times of India

News Summary

  • IHCL Q4 net profit at Rs 522 crore, revenue up 27% to Rs 2,425 cr
  • Is IHCL plan to double the number of hotels & revenue in next 5 years a conservative target? Puneet Chhatwal explains the math
  • Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets
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Puneet Chhatwal, MD & CEO, IHCL, says demand will exceed supply for the next few years. Indias GDP growth remains strong, despite potential adjustments. A growing number of people are moving int [+9767 chars]

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