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Summit Hotels records 162% growth in net operating profit in H1 FY 2026–27

Summit Hotels records 162% growth in net operating profit in H1 FY 2026–27

Summit Hotels & Resorts has reported a 162% year-on-year increase in net operating profit for the first half of FY 2026–27 (April–September 2026), significantly outpacing its 14% revenue growth during the period. Gross operating profit rose 41%, reflecting improved operating efficiencies, stronger revenue management and cost discipline across its leisure hospitality portfolio...