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Tata Group backed IHCL has reported revenue from operations of Rs 1964 crore for the quarter ended December 31, 2023, up 18% compared to corresponding period of the previous fiscal. The hospitality chain reported a profit after tax of Rs 477 crore, up 18% compared to the quarter ended December 31, 2022.
The project was launched in 2018 by then chief minister and the current deputy chief minister Devendra Fadnavis. Officials expect final clearance for the project in the next two months, just ahead of the announcement for the 2024 Lok Sabha polls this year.
Tourism statistics from the Maldives and Lakshadweep showcase distinct trends in visitor numbers over recent years | Latest News India
The clients are asked to opt for Andaman and Nicobar Islands, Lakshadweep or Sri Lanka instead.
The funding round also saw participation from existing investors such as Lightspeed Venture Partners and DST Global, the firm said in a statement. ET had first reported on talks between the UK-based firm and Udaan on October 20.