TajGVK Hotels: A Profitable Fourth Quarter

TajGVK Hotels reported a 10.6% increase in profit for Q4 FY25, reaching Rs 28.6 crore, up from Rs 25.85 crore the previous year. Revenue also rose to Rs 130.59 crore. TajGVK is a joint venture between GVK Group and IHCL, operating luxury hotels across major Indian cities.

TajGVK Hotels on Tuesday announced a notable 10.6% rise in its consolidated profit after tax, reaching Rs 28.6 crore for the fourth quarter of FY25. This is in comparison to Rs 25.85 crore reported in the same quarter of FY24, showcasing significant growth.

The company's total revenue for the quarter surged to Rs 130.59 crore, up from Rs 116.69 crore in the previous year, as per the regulatory filing. However, this growth in revenue was accompanied by an increase in total expenses, which rose from Rs 81.59 crore to Rs 96.48 crore over the year.

TajGVK Hotels & Resorts Limited is a collaborative venture between the Hyderabad-based GVK Group and Indian Hotels Company Limited (IHCL), formed in 1999. The company owns and operates several luxury hotels nationwide, including properties in Hyderabad, Chennai, Chandigarh, and Mumbai.

(With inputs from agencies.)