Viceroy Hotels Reports Board Reshuffle and Q2 FY2026 Financial Results

Viceroy Hotels Limited (VHL) has announced significant changes to its board composition alongside its financial results for the second quarter of fiscal year 2026. The company reported a quarterly profit of ₹43.82 crore, showcasing improved financial performance amidst leadership transitions.

Board Restructuring

VHL's board underwent notable changes, effective from November 14, 2025:

Mrs. Kondareddy Sukanya has been appointed as an Additional Director in the Non-Executive Non-Independent category, bringing over three decades of entrepreneurial and managerial experience in real estate and allied sectors.
Mrs. Konda Reddy Pooja Reddy has stepped down from her position as Non-Executive Non-Independent Director to pursue other professional opportunities.
Mrs. Shruti Gupta has resigned from her role as Independent Director, citing personal reasons.

Financial Highlights

VHL's financial results for Q2 FY2026 ended September 30, 2025, reflect the following performance:

Particulars	Q2 FY2026 (₹ in crore)	Q1 FY2026 (₹ in crore)	Q2 FY2025 (₹ in crore)
Revenue from Operations	307.97	253.70	323.08
Total Income	318.61	264.53	337.61
Profit Before Tax	42.96	3.80	51.53
Net Profit	43.82	(30.23)	596.56

Revenue from operations stood at ₹307.97 crore for Q2 FY2026.
Net profit for the quarter reached ₹43.82 crore, a significant improvement from the loss of ₹30.23 crore in the previous quarter.
Total income for Q2 FY2026 was ₹318.61 crore, showing a quarter-on-quarter increase.

Half-Year Performance

For the half-year ended September 30, 2025:

Viceroy Hotels reported a total income of ₹583.14 crore.
The company achieved a net profit of ₹13.59 crore for the six-month period.

Strategic Initiatives

The company has utilized the proceeds from its rights issue as follows:

₹375 crore allocated towards capital expenditure for renovation and completion of existing properties.
₹116.16 crore earmarked for general corporate purposes.

Outlook

With its recent financial performance and strategic board changes, Viceroy Hotels Limited appears to be focusing on property enhancement and efficient capital allocation. The impact of the new board composition on VHL's strategic direction may become clearer in the coming quarters.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.02%	+0.19%	-3.53%	+8.68%	+2.27%	+5,023.97%

Viceroy Hotels Limited (VHL) announced on November 13, 2025, that Ms. Shruti Gupta (DIN: 10707428) has resigned from her position as an Independent Director of the company, citing personal reasons. The resignation is effective immediately, as per the company's filing with the stock exchanges.

Key Details of the Resignation

Aspect	Details
Director Name	Ms. Shruti Gupta
DIN	10707428
Position	Independent Director
Effective Date	November 13, 2025
Reason	Personal reasons

Ms. Gupta's departure affects the composition of VHL's board. In her resignation letter, she confirmed that there are no material reasons for her resignation other than personal commitments, as required by SEBI regulations.

Impact on Board Composition

The company has not yet announced a replacement for Ms. Gupta. Her resignation may have implications for the board's independence and diversity, which are crucial factors in corporate governance.

Regulatory Compliance

Viceroy Hotels Limited has complied with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, by promptly disclosing the resignation to the stock exchanges. The company provided the necessary details as per SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Other Corporate Updates

VHL has scheduled its Q2 & FY 2026 Earnings Call for Wednesday, November 19, 2025, at 11:00 A.M IST. This call will discuss the financial results for the quarter and half year ended September 30, 2025.