Viceroy Hotels Unveils ₹100+ Crore Renovation Plan Amid Q1 Revenue Dip Aug 08, 2025
Viceroy Hotels Limited Appoints MSKC & Associates LLP as New Statutory Auditors Aug 08, 2025
More news about Viceroy Hotels
08Aug 25
Viceroy Hotels Reports Q1 Loss, Appoints New Auditors, and Schedules AGM
Viceroy Hotels Limited reported a net loss of ₹302.32 lakhs for Q1 ended June 30, compared to a profit of ₹171.75 lakhs in the same quarter last year. Revenue from operations decreased to ₹2,536.95 lakhs from ₹2,709.59 lakhs. The company announced the resignation of M/s. Deva & Co. as statutory auditors and appointed M/s. MSKC & Associates LLP for a five-year term. The 60th Annual General Meeting is scheduled for September 8 via video conference. Corporate Social Responsibility and Risk Management Committees were reconstituted. Out of ₹4,951.58 lakhs raised from a rights issue, ₹3,278.39 lakhs were used for property renovation, ₹1,161.58 lakhs for general corporate purposes, and ₹471.61 lakhs remain unutilized.
19May 25
Viceroy Hotels Q4 Results: Net Profit Surges Despite Revenue Dip
Viceroy Hotels Ltd. reported a mixed Q4 performance with consolidated net profit soaring 311.60% YoY to ₹99.60 crore, despite a 14.20% revenue decline to ₹353.30 crore. EBITDA fell 20.70% to ₹95.50 crore, with margins contracting by 218 basis points to 27.04%. The contrasting trends suggest effective cost management amid revenue challenges in the hospitality sector.
08May 25
Viceroy Hotels Inks Strategic Partnership with Marriott Hotels India
Viceroy Hotels Ltd has entered into an operating agreement and ancillary agreements with Marriott Hotels India, a subsidiary of Marriott International. This partnership could enhance Viceroy's brand presence, improve operational efficiency, and provide access to Marriott's global network and distribution channels. The collaboration reflects a trend of strategic partnerships in the hospitality sector, potentially reshaping Viceroy's market position in the competitive hotel industry.