Press Release on the financial results for the quarter/ period ended 30.09.2026

BENARES HOTELS LIMITED CIN: L55101UP1971PLC003480 Registered Office: Taj Ganges, Nadesar Palace Compound, Varanasi – 221002 | T: +91 542 666 0001 E-mail: tghaccts.ben@tajhotels.com | Website: www.benareshotelslimited.com Corporate Office: Taj Palace, Sardar Patel Marg, New Delhi – 110021 | T: +91 11 6650 3549/3704 E-mail: investor@tajhotels.com October 16, 2026 BSE Limited Corporate Relationship Department, 1st Floor, New Trading Ring, Rotunda Building, P.J. Towers, Dalal Street, Fort, Mumbai – 400 001 Scrip Code: 509438 SUB: PRESS RELEASE Dear Sir, Further to our letter dated October 16, 2026 intimating the Financial Results of the Company for the quarter/ period ended September 30, 2026, enclosed is the copy of the Press Release on the same for your records. You are requested to kindly take the same on record. Thanking you, Yours faithfully, for Benares Hotels Limited Vanika Mahajan Company Secretary Encl. a/a PRESS RELEASE BENARES HOTELS LIMITED (BHL) ANNOUNCES Q2 AND H1 FY 2026-2027 FINANCIAL RESULTS MUMBAI, OCTOBER 16, 2026: Benares Hotels Limited (BHL), a subsidiary of The Indian Hotels Company Limited (IHCL), reported its results for the second quarter and half year ending September 30, 2026. FINANCIAL RESULTS FOR THE PERIOD ENDING SEPTEMBER 30, 2026 Taj Ganges, Varanasi Taj Nadesar, Varanasi Varanasi REVENUE EBITDA PROFIT AFTER TAX Q2 FY 2026 -2027 INR 32.8 Cr INR 11.5 Cr INR 6.6 Cr Q2 FY 2025 -2026 INR 25.5 Cr INR 9.9 Cr INR 6.1 Cr H1 FY 2026 -2027 INR 68.0 Cr INR 25.3 Cr INR 14.8 Cr H1 FY 2025 -2026 INR 52.3 Cr INR 21.7 Cr INR 13.7 Cr Dr. Anant Narain Singh, Chairman, Benares Hotels Limited (BHL) said, “BHL for the second quarter reported a 29% growth in revenue at INR 32.8 crores, EBITDA of INR 11.5 crores with a healthy EBITDA margin of 35% and PAT of INR 6.6 crores. This double-digit revenue growth of 30% in the first half at INR 68 crores with an EBITDA of INR 25.3 crores and PAT of INR 14.8 crores is reflective of the market demand and resultant absorption of additional inventory at Taj Ganges. This performance will be surpassed in the seasonally strong quarters ahead.” Key Highlights: • IHCL’s iconic brand Taj is ranked as India’s Strongest Brand 2026 and World’s Strongest Luxury Hotel Brand 2026 as per Brand Finance-UK. • Taj Ganges and Taj Nadesar Palace hosted the FHRAI convention for 2026. • Taj Nadesar Palace is the proud recipient of the Michelin Golden Key for the second year. About Benares Hotels Limited Benares Hotels Limited (BHL) is a listed public limited company incorporated in 1971. The Company operates its hotels, viz. Taj Ganges and Taj Nadesar Palace in Varanasi and Ginger, Gondia in Maharashtra. Please visit www.benareshotelslimited.com