TajGVK Hotels & Resorts' Q1 FY 2025-26 Quarter Results

Result Summary

• TajGVK Hotels & Resorts Ltd reported a 9.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 35.5%.
• Its expenses for the quarter were down by 3.2% QoQ and up 9.8% YoY.
• The net profit increased 31.7% QoQ and increased 142.0% YoY.
• The earnings per share (EPS) of TajGVK Hotels & Resorts Ltd stood at 6.5 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

TajGVK Hotels & Resorts Ltd is a prominent player in the hospitality industry in India, known for its luxurious hotels and resorts. The company operates in the upscale and luxury segments of the market, providing high-quality accommodation services, including rooms, dining, and conference facilities. TajGVK is a joint venture between the Indian Hotels Company Limited (IHCL) and the Hyderabad-based GVK Group. The company's portfolio includes properties across various key locations in India, catering to both domestic and international travelers. While specific recent developments are not detailed in the provided data, TajGVK Hotels & Resorts Ltd is typically involved in the expansion and enhancement of its hospitality services to maintain its competitive edge in the industry.

Revenue

In the first quarter of fiscal year 2026 (Q1FY26), TajGVK Hotels & Resorts Ltd reported a total income of ₹128.29 crores. This marks an increase from ₹116.69 crores in the previous quarter (Q4FY25), representing a quarter-over-quarter (QoQ) growth of 9.9%. Compared to the same quarter in the previous fiscal year (Q1FY25), the company experienced a year-over-year (YoY) increase in total income of 35.5%, up from ₹94.70 crores. These figures reflect a positive trajectory in the company’s revenue generation over the periods under review, with notable growth both on a quarterly and annual basis.

Profitability

The profitability of TajGVK Hotels & Resorts Ltd saw significant improvement in Q1FY26. The company reported a profit before tax of ₹49.35 crores, which is a 40.6% increase from the ₹35.10 crores recorded in Q4FY25. Year-over-year, the profit before tax rose by 116.5% from ₹22.79 crores in Q1FY25. The profit after tax also showed substantial growth, reaching ₹41.10 crores in Q1FY26, up from ₹31.21 crores in the previous quarter, marking a 31.7% QoQ increase. Compared to the first quarter of the previous fiscal year, this is a 142.0% YoY increase from ₹16.98 crores. The strong growth in profitability is further reflected in the earnings per share, which increased to ₹6.50 in Q1FY26 from ₹5.00 in Q4FY25 and ₹2.70 in Q1FY25, showing a QoQ increase of 30.0% and a YoY increase of 140.7%.

Operating Metrics

The operating metrics of TajGVK Hotels & Resorts Ltd indicate a focused control over expenses and tax liabilities. Total expenses for Q1FY26 were ₹78.94 crores, a decrease of 3.2% from ₹81.59 crores in Q4FY25, while showing a YoY increase of 9.8% from ₹71.91 crores in Q1FY25. The company’s tax obligations also increased in Q1FY26, with a tax expense of ₹13.13 crores, up 41.9% from ₹9.25 crores in the previous quarter and a 30.3% rise from ₹10.08 crores in the same quarter last year. These metrics suggest a strategic management of operational costs and tax planning, contributing to the overall financial performance improvements.