Indian Hotels Co Ltd (BOM:500850)
₹ 788.7 -8.15 (-1.02%) Market Cap: 1.12 Til Enterprise Value: 1.13 Til PE Ratio: 67.07 PB Ratio: 11.07 GF Score: 85/100
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Q2 2024 Indian Hotels Company Ltd Earnings Call Transcript

Oct 27, 2023 / 01:30PM GMT
Release Date Price: ₹374.65 (-0.11%)
Operator

Ladies and gentlemen, good day, and welcome to the Indian Hotels Company Limited Earnings Conference Call for Q2 FY '23-'24. On the call, we have with us Mr. Puneet Chhatwal, Managing Director and CEO, IHCL; and Mr. Giridhar Sanjeevi, EVP and CFO, IHCL. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Puneet Chhatwal. Thank you, and over to you, Mr. Chhatwal.

Puneet Chhatwal
The Indian Hotels Company Limited - MD, CEO & Executive Director

Good evening, everyone, and thank you for joining our global conference call for Q2 '23-'24. We've outlined 6 key themes for the call today, and we'll walk you through each of these in succession. The first one is the Indian story. Let me begin with the Indian growth story, which continues to remain intact. India's per capita GDP is expected to more than double in the next 10 years, leading to a surge in disposable income, driving higher discretionary spends, which will directly benefit the travel and tourism sector.

Moreover, we have

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