TajGVK Hotels & Resorts' Q2 FY 2025-26 Quarterly Results

Result Summary

• TajGVK Hotels & Resorts Ltd reported a 14.8% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 1.8%.
• Its expenses for the quarter were down by 1.4% QoQ and 4.5% YoY.
• The net profit decreased 33.0% QoQ and increased 13.7% YoY.
• The earnings per share (EPS) of TajGVK Hotels & Resorts Ltd stood at 4.39 during Q2 FY 2025-26.

Financial Statments for Q2 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, known for offering luxury accommodations and services. The company operates a range of high-end hotels primarily in India, catering to both domestic and international travelers. As part of the larger Taj Hotels group, TajGVK leverages its strong brand reputation and extensive network to attract guests seeking premium experiences. The company focuses on providing exceptional service, well-appointed rooms, and a variety of dining and leisure options. Regarding recent major developments, specific information is not available within the provided data.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), TajGVK Hotels & Resorts Ltd reported a total income of ₹109.33 crores. This represents a decrease of 14.8% compared to the previous quarter (Q1FY26), where the total income was ₹128.29 crores. However, on a year-over-year basis, the total income showed a slight increase of 1.8% compared to Q2FY25, which recorded a total income of ₹107.37 crores. Despite the quarter-over-quarter decline, the year-over-year growth indicates a modest improvement in revenue generation over the past year.

Profitability

The company's profit before tax (PBT) for Q2FY26 was ₹31.50 crores, showing a significant decrease of 36.2% from the previous quarter's PBT of ₹49.35 crores. On a year-over-year basis, the PBT increased by 21.9% from ₹25.85 crores in Q2FY25. The profit after tax (PAT) for Q2FY26 was ₹27.55 crores, down by 33.0% from ₹41.10 crores in the preceding quarter. However, the PAT reflects a year-over-year growth of 13.7% compared to ₹24.23 crores in Q2FY25. The earnings per share (EPS) for Q2FY26 also decreased by 33.0% quarter-over-quarter to ₹4.39, but increased by 13.7% year-over-year from ₹3.86.

Operating Metrics

During Q2FY26, TajGVK Hotels & Resorts Ltd reported total expenses of ₹77.83 crores, which is a slight decrease of 1.4% from Q1FY26, where expenses were ₹78.94 crores. Compared to Q2FY25, total expenses decreased by 4.5% from ₹81.52 crores. The tax expense for Q2FY26 was ₹7.99 crores, showing a reduction of 39.1% from the previous quarter's tax of ₹13.13 crores. Year-over-year, the tax expense increased by 28.9% from ₹6.20 crores in Q2FY25. These figures indicate the company’s efforts in managing its cost structure effectively, despite fluctuations in its revenue and profitability metrics.