India's Chalet Hotels logs steepest drop in over 2-1/2 years on quarterly profit fall

Chalet Hotels

30/07/2026 06:20

** Shares of Chalet Hotels CHAL.NS fall 5.7% to 789.1 rupees, their steepest drop since Nov. 18, 2022
** Hotels operator's consol PAT falls 57.6% Y/Y; rev down 42.6%
** Co says the West Asia conflict kept international business flat from a year earlier
** Stock rated "buy" on avg; median PT 984.5 rupees - data compiled by LSEG
** Stock down 9.8% YTD
     
     
     
     
     
     
     
     

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))