Apeejay Surrendra Park Hotels Reports Strong Q1 Turnaround with 134 Million Rupees Net Profit
Apeejay Surrendra Park Hotels achieved a significant financial turnaround in Q1. The company reported a net profit of 134.00 million rupees, compared to a loss of 19.00 million rupees in the same period last year. Revenue increased by 11.11% to 1,500.00 million rupees. EBITDA grew by 17.95% to 460.00 million rupees, with the EBITDA margin improving to 29.87% from 28.89%.
08Aug 25
Apeejay Surrendra Park Hotels Reports Strong Q1 Results with Significant Profit Growth
Apeejay Surrendra Park Hotels Limited announced robust Q1 FY2026 financial results. Standalone revenue from operations increased 14.18% YoY to Rs. 148.26 crores. The company turned profitable with a standalone PAT of Rs. 17.09 crores, compared to a loss in Q1 FY2025. Consolidated revenue grew 14.20% to Rs. 154.25 crores, with a PAT of Rs. 13.42 crores. The company converted Rs. 70.47 crores of unsecured loans to a subsidiary into OCRPS. A final dividend of Re. 0.50 per share for FY2025 was proposed. The hospitality segment remained the primary growth driver with revenue of Rs. 154.01 crores and EBITDA of Rs. 47.61 crores.
12Jul 25
Apeejay Surrendra Park Hotels Expands Footprint with 138 Rooms Across Goa and Himachal Pradesh
Apeejay Surrendra Park Hotels Limited (ASPHL) has signed an MoU to lease and operate 138 rooms across four properties in Goa and Himachal Pradesh. The 12-year lease agreement includes 42 rooms in Goa, 24 in Manali, 24 in Shimla, and 48 in Dharamshala. Properties in Goa and Dharamshala are expected to be operational within 60 days, while Manali and Shimla properties within 90 days after executing definitive lease agreements. This strategic move aims to strengthen ASPHL's presence in key leisure destinations.
12Jul 25
Apeejay Surrendra Park Hotels Signs MoU for 4 New Properties in Goa and Himachal Pradesh
Apeejay Surrendra Park Hotels has signed an MoU to operate four new properties in Goa and Himachal Pradesh, adding 138 rooms to its portfolio. The 12-year lease agreement includes properties in Goa (42 rooms), Manali (24 rooms), Shimla (24 rooms), and Dharamshala (48 rooms). The Goa and Dharamshala properties are expected to be operational within 60 days, while Manali and Shimla properties within 90 days after finalizing lease agreements. This expansion strengthens the company's presence in key leisure destinations.
26May 25
Apeejay Surrendra Park Hotels Reports Strong Q4 Performance with Improved EBITDA and Revenue
Apeejay Surrendra Park Hotels announced impressive Q4 results, with revenue increasing 16.4% YoY to ₹1,770 million. EBITDA rose 21.3% to ₹610.7 million, with margin expanding to 34.44%. Net profit surged 44.3% YoY to ₹265.6 million, despite a sequential decline from Q3. The results demonstrate robust growth and improved operational efficiency in the hospitality sector.
30Apr 25
Apeejay Surrendra Park Hotels Expands Footprint with New 'Zone by The Park' in Indore
Apeejay Surrendra Park Hotels Limited (ASPHL) has signed a management agreement for a new 'Zone by The Park' hotel in Indore, Madhya Pradesh. The 117-key hotel will be located in the upcoming Alankrit Film City, 30 minutes from the airport. It will offer amenities including an all-day dining restaurant, bar, spa, swimming pool, and banquet spaces. The hotel's integration with the film city development is expected to attract diverse clientele. This addition expands ASPHL's portfolio, which now includes 37 hotels across 27 Indian cities.
24Apr 25
Apeejay Surrendra Park Hotels Expands Mumbai Presence with ₹209.25 Crore Acquisition
Apeejay Surrendra Park Hotels Limited is acquiring a 90% stake in Zillion Hotels and Resorts Private Limited for up to ₹209.25 crore. This acquisition includes Z Luxury Residences, a premium property in Mumbai's Juhu area, adding 62 service residences and food & beverage facilities to Apeejay's portfolio. The strategic move enhances the company's presence in Mumbai's luxury hospitality market, targeting both corporate and leisure segments.