View document text
PRESS RELEASE
TAJGVK HOTELS & RESORTS LTD ANNOUNCES Q1 2026-2027 FINANCIAL RESULTS
HYDERABAD, JULY 31, 2026: TAJGVK Hotels & Resorts Ltd reported its results for the first quarter
ending June 30, 2026.
STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDING JUNE 30, 2026
QUARTER REVENUE EBITDA PROFIT AFTER TAX
Q1 FY 26/27 ₹ 109.42 Cr. ₹ 30.31Cr. ₹ 18.76 Cr .
Q1 FY 26/27 ₹ 128.29Cr. ₹ 53.76Cr. ₹ 36.22Cr.
Mr. Krishna R Bhupal, Joint Managing Director, TAJ GVK Hotels & Resorts Ltd said, the Q1 2026/27
revenue was not comparable to the corresponding period of the previous year as the Company had
received dividend from the JV Company (now a subsidiary company) Greenwoods Palaces and
Resorts Pvt Ltd in that year. Operationally, Inspite of the Geo -Political environment in West Asia,
the company has maintained its turnover.
As part of the Company’s policy to provide best-in-class customer satisfaction, the Company has
undertaken renovation /refurbishment of the balance 24 rooms at Taj Deccan, Hyderabad and 74
rooms at Taj Chandigarh.
Performance of the Subsidiary Company:
Greenwoods Palaces and Resorts Private Limited – a Subsidiary company which operates Taj
Santacruz, Mumbai, reported a revenue of INR 56.69 Crores as against INR 54.46 Crore in the
previous year. EBITDA of INR 20.87 Crore as against INR 20.62 Crore and PAT of INR 12.97 Crore as
against INR 9.96 Crore.
CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDING JUNE 30, 2026
QUARTER REVENUE EBITDA PROFIT AFTER TAX
QUARTER REVENUE EBITDA PROFIT AFTER TAX
QQ 14 FF YY 22 65 // 226 7 ₹ ₹ 1 16 61 6. .2 19 1 C Cr r. . ₹ ₹ 550 1. .0 16 8CCr r.. ₹ ₹3 31 19 .. 67 64 CC rr . .
Q Q4 1 F FY Y 2 24 5/ /2 25 6 ₹₹ 1 103 80 .. 05 89 CC rr .. ₹ ₹ 3 39 3. .0 55 5C Cr r. . ₹₹ 3 24 0. .8 80 9C Cr r. .
The figures of the previous period are not comparable because they were disclosed under Equity
method of consolidation. The company acquired the additional 2.01% stake in Green Woods on
10th February 2026 and accordingly the consolidated numbers for the current quarter are
consolidated online by line basis as per extant INDAS.
UPCOMING PROJECT:
He added, “The greenfield 256-key 5 Star Luxury project “Taj Yelahanka” located at north Bengaluru
is in the stage of handing over of operations and is expected to start commercial operations shortly.
The company has received the Occupancy Certificate (OC) from KIADB along with the Consent for
Operations from Pollution Control Board, Government of Karnataka and NOC from Fire Department,
Government of Karnataka. Applications for other operational licences are under process.
We remain focused on driving long-term growth through a mix of organic developments, asset
enhancements, and strategic acquisitions. We are exploring inorganic growth opportunities
particularly to get faster market access. We are focused on expanding in demand-rich markets while
maintaining financial discipline, operational efficiencies, and return thresholds.
About TAJGVK Hotels & Resorts Limited
TAJGVK has a portfolio of five hotels that includes Taj Krishna, Hyderabad, Taj Deccan, Hyderabad,
Taj Club House, Chennai, Taj Chandigarh and Vivanta Hyderabad, Begumpet. TAJGVK Hotels &
Resorts Limited through its subsidiary i.e. Green Woods Palaces and Resorts Private Limited operates
the Taj Santacruz, Mumbai hotel.
Company
Taj GVK Hotels & Resorts Limited
CIN L40109TG1995PLC019349
Mr.Krishna R Bhupal
Joint Managing Director
Email id: tajgvkshares.hyd@tajhotels.com
Tel No: +91 40 66293664