- Indian Hotels reported a net income of 5.82 billion rupees for the third quarter, which is a 29% increase compared to the same period last year, but slightly below the estimated 5.88 billion rupees.
- Revenue increased by 29% year-over-year, reaching 25.3 billion rupees, surpassing the forecasted 24.72 billion rupees.
- Total costs for the quarter amounted to 17.58 billion rupees, marking a 26% rise compared to the previous year.
- Other income saw a significant growth of 47%, totaling 586.8 million rupees.
- Investor sentiment is positive with 13 buy recommendations, 6 hold, and 3 sell ratings for Indian Hotels.
A look at Indian Hotels Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Indian Hotels Company Limited, which operates The Taj Group of hotels, is positioned favorably for long-term growth. With strong scores in Growth and Momentum (both rated at 5), the company shows promising signs of expansion and market performance. Additionally, Indian Hotels scores well in Resilience, indicating a robust ability to withstand economic uncertainties. Although the Value and Dividend scores are moderate at 2, the overall outlook remains positive due to the high ratings in key areas.
Indian Hotels Company Limited’s diverse portfolio of hotels under The Taj Group, including Luxury, Business, and Leisure establishments in India and internationally, provides a solid foundation for continued success. With a focus on growth and a strong momentum in the market, coupled with resilience and a solid overall performance, Indian Hotels is well-positioned to capitalize on future opportunities and maintain its position as a leading player in the hospitality industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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