TAJGVK Hotels Reports Strong Q3 FY26 Results with Rs 29.09 Crore PAT Growth
TAJGVK Hotels & Resorts reported robust Q3 FY26 financial performance with standalone PAT of Rs 29.09 crore and revenue growth of 27.3% quarter-on-quarter. The company's nine-month results showed strong momentum with PAT growing 34.1% to Rs 88.82 crore and revenue increasing 13.7% to Rs 375.93 crore, demonstrating operational resilience in the hospitality sector.

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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, with results approved by the Board of Directors on February 9, 2026.
Q3 FY26 Standalone Financial Performance
The company delivered solid quarterly results with strong revenue growth of 27.3% quarter-on-quarter, demonstrating operational resilience and market recovery in the hospitality sector.
| 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, with PAT growing significantly.
| 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 with Green Woods Palaces and Resorts Pvt Ltd, 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, while finance costs decreased significantly.
| 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 financial results were reviewed by M. Bhaskara Rao & Co., Chartered Accountants, who provided independent auditor review reports for both standalone and consolidated results.
Historical Stock Returns for Taj GVK Hotels & Resorts
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.88% | +1.15% | -12.17% | -28.32% | -40.10% | +173.64% |






























