TAJGVK Hotels Reports Strong Q3 FY26 Results with Rs 29.09 Crore PAT
TAJGVK Hotels & Resorts announced strong Q3 FY26 results with revenue of Rs 136.36 crore and profit after tax of Rs 29.09 crore. The nine-month period delivered revenue of Rs 349.93 crore and PAT of Rs 88.82 crore, showing 34% growth. Consolidated results included joint venture contributions, with total comprehensive income of Rs 90.52 crore for nine months.

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Taj GVK Hotels & Resorts Ltd announced its unaudited financial results for the third quarter and nine months ended December 31, 2025, showcasing robust operational performance across both standalone and consolidated operations. The company demonstrated strong financial metrics with significant revenue growth and healthy profitability levels.
Q3 FY26 Standalone Financial Performance
The company delivered solid quarterly results with revenue growth and maintained profitability despite operational challenges during the period.
| Financial Metric: | Q3 FY26 | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue from Operations: | Rs 136.36 crore | Rs 107.18 crore | Rs 126.94 crore |
| Total Revenue: | Rs 138.31 crore | Rs 109.33 crore | Rs 128.66 crore |
| Total Expenses: | Rs 98.50 crore | Rs 77.83 crore | Rs 82.82 crore |
| Profit Before Tax: | Rs 39.81 crore | Rs 31.50 crore | Rs 45.84 crore |
| Profit After Tax: | Rs 29.09 crore | Rs 23.51 crore | Rs 33.89 crore |
| Earnings Per Share: | Rs 4.64 | Rs 3.75 | Rs 5.40 |
Nine Months FY26 Performance
The company's nine-month performance showed strong revenue growth and improved profitability compared to the corresponding period in the previous year.
| Performance Metric: | 9M FY26 | 9M FY25 | Growth |
|---|---|---|---|
| Revenue from Operations: | Rs 349.93 crore | Rs 324.92 crore | 7.7% |
| Total Revenue: | Rs 375.93 crore | Rs 330.73 crore | 13.7% |
| Profit Before Tax: | Rs 120.66 crore | Rs 94.48 crore | 27.7% |
| Profit After Tax: | Rs 88.82 crore | Rs 66.25 crore | 34.1% |
| Earnings Per Share: | Rs 14.17 | Rs 10.57 | 34.1% |
Consolidated Results Performance
The consolidated financial results, which include the joint venture operations, showed enhanced performance with additional contributions from associated entities.
| Consolidated Metrics: | Q3 FY26 | Q3 FY25 | 9M FY26 | 9M FY25 |
|---|---|---|---|---|
| Total Revenue: | Rs 138.31 crore | Rs 128.66 crore | Rs 355.72 crore | Rs 330.73 crore |
| Profit After Tax: | Rs 29.09 crore | Rs 33.89 crore | Rs 73.70 crore | Rs 66.25 crore |
| Share of JV Profit: | Rs 7.90 crore | Rs 7.29 crore | Rs 16.82 crore | Rs 16.14 crore |
| Total Comprehensive Income: | Rs 36.99 crore | Rs 41.18 crore | Rs 90.52 crore | Rs 82.39 crore |
| Consolidated EPS: | Rs 5.90 | Rs 6.57 | Rs 14.44 | Rs 13.14 |
Expense Analysis and Operational Metrics
The quarterly results reflected increased operational expenses across various categories, indicating business expansion and inflationary pressures on costs.
| Expense Category: | Q3 FY26 | Q3 FY25 | Change |
|---|---|---|---|
| Employee Benefits: | Rs 26.83 crore | Rs 21.16 crore | +26.8% |
| Food & Beverages: | Rs 12.41 crore | Rs 11.06 crore | +12.2% |
| Other Expenses: | Rs 48.05 crore | Rs 37.87 crore | +26.9% |
| Finance Costs: | Rs 1.21 crore | Rs 2.21 crore | -45.2% |
| Depreciation: | Rs 3.11 crore | Rs 3.28 crore | -5.2% |
Board Meeting and Regulatory Compliance
The Board of Directors approved and took on record the unaudited financial results at their meeting held on February 9, 2026. The meeting commenced at 11:30 a.m. and concluded at 1:30 p.m., with all results prepared in accordance with Indian Accounting Standards (Ind-AS) and submitted to both BSE and NSE as per Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company maintains its strong operational framework through its diversified hotel portfolio and continues to benefit from its association with the Taj brand. The financial results demonstrate the company's resilience and ability to generate consistent returns while managing operational challenges in the hospitality sector.
Historical Stock Returns for Taj GVK Hotels & Resorts
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.78% | +0.23% | -11.51% | -11.07% | -13.58% | +177.08% |


































