TajGVK Hotels & Resorts Limited, incorporated in 1995, is a joint venture between the Hyderabad-based GVK Group and Indian Hotels Company Limited (IHCL). The Company is engaged in the business of owning, operating & managing hotels, palaces, and resorts under the brand name of “TAJ”
Financial Results:
TajGVK Hotels & Resorts Ltd reported Revenues for Q1FY24 of ₹92.00 Crores up from ₹86.00 Crore year on year, a rise of 6.98%.
Total Expenses for Q1FY24 of ₹72.00 Crores up from ₹64.00 Crores year on year, a rise of 12.5%.
Consolidated Net Profit of ₹13.00 Crores down 18.75% from ₹16.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹2.11, down 17.25% from ₹2.55 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.