Core Insights - The Indian Hotels Company (IHCL) reported a 51% increase in consolidated third-quarter net profit to ₹954 crore from ₹632 crore a year earlier, with revenue from operations rising 12% to ₹2,842 crore [7] - The profit includes exceptional items, notably a ₹327 crore profit from the sale of a joint venture stake and a ₹37 crore impact from new labour codes [7] - The quarter marked the fifteenth consecutive quarter of record performance, achieving an EBITDA of ₹1,134 crore and an EBITDA margin of 39.1% [7] Financial Performance - The hotel segment generated ₹2,579 crore in revenue, contributing to the best-ever segmental quarterly EBITDA of ₹1,050 crore [7] - Revenue growth was bolstered by a 17% increase in airline and institutional catering and a 31% rise in new businesses [7] Growth Strategy - IHCL continued its growth momentum in FY26 with 239 signings, expanding its portfolio to 617 hotels, and opened 120 hotels through strategic partnerships and acquisitions [4][7] - Under the Accelerate 2030 initiative, IHCL acquired a controlling stake in wellness brand Atmantan and a 51% stake in Brij, a boutique experiential leisure offering, along with scaling the Ginger brand through acquisitions [5][7] Financial Position - As of December 31, IHCL had a gross cash balance of ₹3,877 crore, positioning the company for sustained performance through a diversified top line across brands, geographies, and contract types [6][7] - The company maintains a robust pipeline of projects, with the number of rooms in operations matching the pipeline [6]