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More news about Brigade Hotel Ventures
11Aug 25
Brigade Hotel Ventures Posts Strong Q1 Results with 22% Revenue Growth
Brigade Hotel Ventures Limited (BHVL) reported robust Q1 financial results with consolidated revenue of ₹124.16 crore, up 22% year-on-year. The company turned profitable with a PAT of ₹7.16 crore, compared to a loss in the previous year. EBITDA margin improved to 33.4%. Operational metrics showed positive trends with Average Room Rate increasing by 11.2% to ₹6,958 and RevPAR rising by 11.8% to ₹5,226. BHVL operates 9 hotels with 1,604 keys and plans to expand its portfolio. The company recently completed its IPO, raising ₹885.6 crore for debt repayment and expansion.