In financial year 2021, the Indian Hotels Company Limited (IHCL) reported a consolidated net loss of nearly eight billion Indian rupees. This strong decline can be explained by implications of the coronavirus (COVID-19) pandemic.
IHCL is one of India's biggest hotel brands. It is most famous for its luxury segment which is known as Taj Hotels. It came into existence in 1903, when the iconic Taj Mahal Palace Hotel in Mumbai was inaugurated. It was founded by Jamsetji Tata, who was also the founder of TATA Group. Today, IHCL is a subsidiary of the TATA Group.
Net profit and loss of Indian Hotels Company Limited (IHCL) in India from financial year 2016 to 2021
(in billion Indian rupees)
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Indian Hotel Company. (June 3, 2021). Net profit and loss of Indian Hotels Company Limited (IHCL) in India from financial year 2016 to 2021 (in billion Indian rupees) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1228897/ihcl-net-profit/
Indian Hotel Company. "Net profit and loss of Indian Hotels Company Limited (IHCL) in India from financial year 2016 to 2021 (in billion Indian rupees)." Chart. June 3, 2021. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1228897/ihcl-net-profit/
Indian Hotel Company. (2021). Net profit and loss of Indian Hotels Company Limited (IHCL) in India from financial year 2016 to 2021 (in billion Indian rupees). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1228897/ihcl-net-profit/
Indian Hotel Company. "Net Profit and Loss of Indian Hotels Company Limited (Ihcl) in India from Financial Year 2016 to 2021 (in Billion Indian Rupees)." Statista, Statista Inc., 3 Jun 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1228897/ihcl-net-profit/
Indian Hotel Company, Net profit and loss of Indian Hotels Company Limited (IHCL) in India from financial year 2016 to 2021 (in billion Indian rupees) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1228897/ihcl-net-profit/ (last visited November 10, 2024)
Net profit and loss of Indian Hotels Company Limited (IHCL) in India from financial year 2016 to 2021 (in billion Indian rupees) [Graph], Indian Hotel Company, June 3, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1228897/ihcl-net-profit/
