Vikram Kamats Hospitality Limited has announced its financial results for the second quarter and half-year ended September 30, 2025, revealing a mixed performance with revenue decline but improved bottom line.

Revenue and Profitability

The company reported a standalone revenue from operations of Rs 629.67 crores for Q2 FY2025-26, marking a decrease from Rs 678.55 crores in the previous quarter. However, the company significantly narrowed its net loss to Rs 5.76 crores for the quarter, compared to a loss of Rs 25.92 crores in the same quarter last year.

On a consolidated basis, Vikram Kamats Hospitality posted a revenue of Rs 1,200.13 crores for Q2 FY2025-26.

Financial Highlights

Capital Raising and Equity

During the period, the company completed several warrant conversions and allotted 13.6 lakh equity shares at Rs 75 per share to non-promoters, raising Rs 102 crores. This move strengthens the company's financial position and provides additional capital for potential growth initiatives.

Dividend Declaration

The Board of Directors has declared a dividend of 2% (Rs 0.20 per share) for the financial year 2024-25, demonstrating confidence in the company's financial stability despite the challenging market conditions.

Balance Sheet Strength

As of September 30, 2025, Vikram Kamats Hospitality reported a robust cash and cash equivalents position of Rs 1,010.36 crores, indicating strong liquidity to support operations and potential expansion plans.

Management Commentary

Dr. Vikram V. Kamat, Managing Director of Vikram Kamats Hospitality Limited, stated in the company's filing, "While we faced some headwinds in our top-line performance this quarter, we're encouraged by the significant reduction in our net loss. Our focus on operational efficiency and strategic initiatives is beginning to yield results, as evidenced by our improved bottom line."

Future Outlook

The company's efforts in raising additional capital through warrant conversions and its strong cash position suggest a focus on strengthening its financial foundation. This could potentially support future growth initiatives and help navigate the dynamic hospitality industry landscape.

Investors and stakeholders will be watching closely to see how Vikram Kamats Hospitality leverages its improved financial position to drive growth and profitability in the coming quarters.

Vikram Kamats Hospitality has announced the commencement of operations at its new hotel, VITS Select Nashik, marking a significant milestone in the company's expansion strategy in Maharashtra. The hotel is operated under the company's material subsidiary, Vitizen Hotels Limited, which had previously secured a long-term lease for the property.

Hotel Operations and Specifications

VITS Select Nashik has officially commenced operations at Survey No. 233/1, Plot No. 4, Panchavati, Rasbihari-Meri Link Road, Nashik. The hotel currently features 24 rooms across multiple categories and is strategically positioned to serve religious, business, corporate, and tourist travelers.

Strategic Location and Connectivity

The hotel's location in Panchavati offers excellent connectivity to key transportation hubs and tourist destinations. The property is strategically positioned to capitalize on Nashik's significance as both a commercial and religious center.

Facilities and Amenities

VITS Select Nashik offers comprehensive hospitality services designed to deliver a smart, comfortable, and value-based experience. The hotel features the group's signature Elite Restaurant, serving Indian, South Indian, Italian, Continental, and Chinese cuisines. Additional amenities include 24-hour power backup, 24-hour hot water, Wi-Fi connectivity, doctor-on-call facility, laundry services, and parking facilities.

Business Impact and Growth Strategy

The commencement of operations at VITS Select Nashik strengthens the VITS brand presence in Maharashtra and supports the company's expansion strategy across key commercial and religious centers in the state. This development represents the materialization of Vikram Kamats Hospitality's earlier announced expansion plans, with operations beginning ahead of the initially projected timeline.

The hotel's operational launch is expected to contribute positively to the company's consolidated revenue and reinforces its commitment to expanding its hospitality portfolio in strategic tier-2 city locations across India.