TajGVK Hotels & Resorts Ltd's Q3FY25 Quarterly Results

Result Summary

• TajGVK Hotels & Resorts Ltd reported a 19.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 14.9%.
• Its expenses for the quarter were up by 1.6% QoQ and 7.1% YoY.
• The net profit increased 70.0% QoQ and increased 33.8% YoY.
• The earnings per share (EPS) of TajGVK Hotels & Resorts Ltd stood at 6.6 during Q3FY25.

Financial Statments for Q3FY25

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, primarily focused on providing luxury accommodations and services. The company is known for its chain of premium hotels and resorts that cater to both leisure and business travelers. While specific recent developments are not provided, the company typically engages in expanding its hospitality offerings and enhancing guest experiences through strategic partnerships and renovations. As part of the Taj Group, TajGVK Hotels & Resorts Ltd benefits from a strong brand reputation and a wide network across various key locations.

Revenue

In Q3FY25, TajGVK Hotels & Resorts Ltd reported a total income of ₹128.66 crores, reflecting a substantial increase from ₹107.37 crores in Q2FY25, marking a quarter-over-quarter (QoQ) growth of 19.8%. Compared to Q3FY24, the total income rose from ₹111.93 crores, achieving a year-over-year (YoY) increase of 14.9%. This upward trajectory in revenue indicates a robust performance in the current quarter. The increase in total income over both the previous quarter and the same quarter last year demonstrates the company's capacity to generate higher sales or service revenue, reflecting its competitive standing in the hospitality sector.

Profitability

The profitability metrics for TajGVK Hotels & Resorts Ltd in Q3FY25 show notable improvements. The Profit Before Tax (PBT) stood at ₹45.84 crores, a significant rise from ₹25.85 crores in Q2FY25, representing a QoQ growth of 77.3%. Compared to Q3FY24, where the PBT was ₹34.62 crores, there is a YoY increase of 32.4%. The Profit After Tax (PAT) also increased to ₹41.18 crores in Q3FY25 from ₹24.23 crores in Q2FY25, a QoQ growth of 70.0%, and from ₹30.77 crores in Q3FY24, a YoY increase of 33.8%. These figures highlight a strong profit generation capability in the current quarter. Additionally, the tax expense in Q3FY25 was ₹11.95 crores, up from ₹6.20 crores in Q2FY25 and ₹10.41 crores in Q3FY24, indicating higher tax liabilities parallel to increased profitability.

Operating Metrics

The total expenses for TajGVK Hotels & Resorts Ltd in Q3FY25 were ₹82.82 crores, slightly up from ₹81.52 crores in Q2FY25, indicating a QoQ increase of 1.6%. When compared to Q3FY24, with total expenses at ₹77.31 crores, there is a YoY growth of 7.1%. The Earnings Per Share (EPS) in Q3FY25 improved to ₹6.60 from ₹3.90 in Q2FY25, a QoQ growth of 69.2%, and from ₹4.90 in Q3FY24, marking a YoY increase of 34.7%. This data suggests that the company has managed to control its expenses relative to its income, contributing to enhanced earnings for shareholders. While specific financial ratios such as P/E ratio or debt-to-equity ratio are not provided, the available metrics demonstrate efficient financial management and operational effectiveness in the latest quarter.