← Latest news 
IHCL Q4 profit rises yet shares face jitters as Iran US war hits Dubai operations
Business
Published on 12 May 2026
A Middle East conflict pinched Dubai demand hard
Indian Hotels Company (IHCL) posted Q4 FY26 net profit of Rs 600 crore, up 15% year-on-year, but profit fell 36% sequentially. Revenue grew annually while slipping sequentially. The company pointed to the Iran-US war’s impact on operations, especially in Dubai. With brokerages weighing these mixed signals, IHCL shares came under focus after results.
- IHCL net profit rose 15% year-on-year to Rs 600 crore
- Sequential profit declined 36% despite steady annual growth
- Management cited Iran-US war impact, particularly on Dubai
- Brokerages are likely to track demand and regional risks
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times