Q1 Results: Tata Group firms Indian Hotels and Tata Communications trade flat ahead of earnings

Today, on Thursday, July 17, according to the BSE list, 37 companies will announce their numbers. Two Tata Group companies, Tata Communications and Indian Hotels Company (IHCL), are also slated to announce their June quarter numbers today.

Indian Hotels Company

On July 16, 2025, Tata Group hospitality firm Indian Hotels Company said it has acquired over 3.3 lakh equity shares through a rights issue in wholly-owned arm ELEL Hotel and Investment Ltd for over ₹165 crore.

ELEL Hotel and Investment Ltd holds the leasehold rights for the land parcel at Bandstand Bandra, under which Taj Bandstand is proposed to be developed, Indian Hotels Company Ltd (IHCL) said in a regulatory filing.

The company, through a rights issue, acquired 3,30,043 equity shares of the face value of ₹10 at an issue price of ₹5,000 per share for cash at a premium of ₹4,990 per equity share aggregating to Rs 165.02 crore, it said.

Indian Hotels Company Ltd (IHCL) on Tuesday announced the signing of a new 160-key greenfield hotel in Jaipur, Rajasthan, which will be under the Vivanta brand.

"Fuelled by major infrastructure developments, Jaipur has rapidly evolved as a key regional hub, significantly boosting demand from business and MICE segments apart from the long-established leisure segment.

"This signing aligns with IHCL's strategy to expand its presence in such high-growth micro markets of metros and state capitals across India. We are delighted to collaborate with Dinesh Choudhary, Vivek Choudhary and Rajat Choudhary for this project," IHCL Executive Vice President - Real Estate and Development, Suma Venkatesh, said in a statement.

Tata Group-owned Indian Hotels Company reported a 28.4% rise in its consolidated net profit to ₹562.66 crore for the fourth quarter ended March (Q4 FY25).

The country's largest hospitality firm had a net profit of ₹438.33 crore on a consolidated basis in the year-ago period.

During the January-March 2025 quarter, Indian Hotels Company Limited's (IHCL) revenue from operations registered a 27.3% growth to ₹2,425.14 crore from ₹1,905.34 crore logged a year ago.

However, its total expenses surged to ₹1,764.26 crore against ₹1,416.77 crore in the year-ago period, a regulatory filing showed.

IHCL's revenue reporting segments include hotel services and air and institutional catering (Taj SATS, etc.).

Shares of the company have remained listless so far in 2025. Data show that on a year-to-date (YTD) basis, the stock has fallen 14%, while over the past six months, the share price has decreased by 7.7%. In the past 30 days, shares have slipped nearly 1%.

Tata Communications

In June 2025, Tata Communications announced the integration of a new submarine cable system — TGN-IA2 — constructed by the Asia Direct Cable (ADC) consortium, into its existing network fabric.

"Built to deliver seamless connectivity, scalable bandwidth solutions, and high-capacity data transfer across multiple routes, TGN-IA2 will enable customers — including enterprises, hyperscalers, and service providers — to leverage the availability of diverse and resilient connectivity solutions from a single provider in their Intra-Asia networks," the company said.

Additionally, TGN-IA2 will seamlessly integrate with Tata Communications existing assets, facilitating connectivity solutions from Asia into key geographies, including the US, Europe, the Middle East and Africa (EMEA), and India, the company added.

Tata Communications posted a more than twofold increase in net profit to ₹761.17 crore during the March quarter (Q4 FY25), helped by a one-off gain through the sale of a Chennai land parcel to an associate company.

The company had posted a consolidated profit of ₹354.57 crore in the year-ago period, it said in a filing to the exchanges.

The company is aiming to accelerate its capital expenditure to over $300 million in FY26 from $265-270 million in FY25, its Chief Financial Officer Kabir Ahmed Shaikh told PTI.

He said even as it spends more on investments, it will expand the pre-tax profit margins and ensure they get into the 23-25% range in two years from the 19.8% in the March quarter.

Tata Communications is a leading name in digital services. The company acts as a facilitator for businesses transitioning to digital operations. The Tata Group company provides a range of services, including network, cloud, collaboration, mobility, security, and IoT solutions, to facilitate digital transformation for enterprises.

Shares of the company have remained muted so far in 2025. The stock has risen a mere 1.6% in the past six months and just 0.7% in the past 30 days.