Hotels, eateries have their plates full in Q1, some even post record numbers - Business News: Latest News & Videos about market and economy | Trendmergers

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Hotels, eateries have their plates full in Q1, some even post record numbers

Tata Group-backed Indian Hotels Company (IHCL) posted revenue from operations of ₹1,266 crore, an over three-and-a-half-fold increase from a year earlier when the hospitality industry was beset by the second wave of Covid-19. It also posted a profit of ₹181 crore, compared with a ₹302 crore loss during April-June 2021. Chief executive Puneet Chhatwal called it the best fiscal first quarter in the company's history.

from Industry-Economic Times
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