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Indian hotel industry revenue expected to grow 7-9 pc in FY25: ICRA

The Indian hotel industry is expected to grow 7-9% with high occupancy in FY2025. Demand from domestic leisure travel, MICE, weddings, business travel, spiritual tourism, tier-II cities, and domestic tourism will drive growth. FTA recovery depends on the global macroeconomic environment and consumer sentiments.
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NIIT Q3 earnings: NIIT Q3 results: Net profit up 53% to Rs 41.5 crore

Synopsis Revenue grew by 4 per cent to Rs 253.4 crore in the quarter under review, from Rs 243.9 crore in the year-ago period, a company statement said. The companys Corporate Learning Group (CLG) recorded net revenue of Rs 217.5 crore, up 12 per cent sequentially and 15 per cent year-on-year. NEW DELHI: NIIT Ltd on Friday said its consolidated net profit grew 53 per cent to Rs 41.5 crore in the December 2020 quarter. The skills and talent development firm had posted a net profit of Rs 27.1 cro...
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