TajGVK Q4 PAT rises 10.6% to ₹28.6 crore; stock down nearly 1%

TajGVK Hotels on Tuesday reported a 10.6% rise in its consolidated profit after tax to ₹28.6 crore for the fourth quarter of FY25. The company had reported a PAT of ₹25.85 crore in the January-March quarter of FY24. Its total revenue for the quarter stood at ₹130.59 crore against ₹116.69 crore a year ago, a regulatory filing showed.

At 2:56 PM, shares of TAJ GVK Hotels and Resorts are currently trading 1.23% lower at ₹402.90 apiece on the NSE.

The total expenses in the quarter also rose to ₹96.48 crore from ₹81.59 crore a year ago.

TAJGVK Hotels & Resorts Limited (TajGVK) is a joint venture formed through a strategic alliance between Hyderabad-based GVK Group and Indian Hotels Company Limited (IHCL) in 1999.

GVK Group is a multi-product and multi-location business conglomerate with several integrated companies in India and abroad.

IHCL is a Tata enterprise with a chain of hotels, owning the Taj Group of Hotels, and manages and operates various hotels across the country and abroad.

The company owns and operates three five-star hotels in Hyderabad and one five-star hotel each in the cities of Chennai, Chandigarh and one five-star luxury hotel in Mumbai through joint venture company -- Green Woods Palaces and Resorts Pvt Ltd.