Tata group's hospitality firm Indian Hotels Company Ltd (IHCL) on Friday reported a 29 per cent on-year jump in net profit at Rs 582.32 crore for three months ended December 2024, driven by the consolidation of air and institutional catering business. This was in comparison to Rs 451.95 crore in the corresponding quarter of the preceding fiscal. Also, the company's total income surged by 29 per cent to Rs 2,592 crore in the quarter under review, from Rs 2,003.64 crore in the October-December quarter of the preceding fiscal (FY24), the company said in a regulatory filing. Puneet Chhatwal, Managing Director and CEO, IHCL, attributed the strong quarterly performance to consolidation of air and institutional catering business. "Q3 marks 11 consecutive quarters of record performance with the hotel segment reporting a strong revenue growth of 16 per cent... The revenue performance was driven by 40 per cent increase in new businesses, not like-for-like growth and double-digit growth in sa