Strong pipeline and optimised costs led to margin growth | Puneet Chhatwal, IHCL

IHCL MD and CEO Puneet Chhatwal said IHCL has reported its best first quarter in the company's history. “This is the best ever result in all aspects- best ever revenue, best EBITDA, best EBITDA margin, best profit after tax, best signings, best letter of awards that we got for our projects- two each in Diu and Lakshadweep,” said Chhatwal. “This performance has been boosted by a surge in demand across markets and segments, with both occupancy and rates exceeding pre-Covid levels. This has resulted in a milestone EBITDA margin of 31.3% which is an improvement of 1140 bps over quarter one of financial year 2019-20,” he added. Watch to know more.#IHCL #IHCLrevenue #IHCLhotelRead More