The Indian Hotels Company on Thursday reported a 50.86 per cent growth in consolidated net profit at Rs 954.24 crores during the third quarter ending December 31, 2025, compared to the same period of the previous financial year. The company’s net profit stood at Rs 632.53 crores during the corresponding period of the previous fiscal, IHCL said in a statement. Strategic Divestment The PAT was driven by the exceptional items, which mainly include profit on sale of entire equity stake in joint venture company with the GVK group at Rs 327 crores. There was also an impact on account of New Labour Codes of Rs 37 crores, IHCL Managing Director and CEO Puneet Chhatwal told PTI.