{"id":152251,"date":"2023-08-10T04:01:41","date_gmt":"2023-08-10T08:01:41","guid":{"rendered":"https:\/\/44.250.171.167\/?p=152251"},"modified":"2023-08-10T04:01:42","modified_gmt":"2023-08-10T08:01:42","slug":"tajgvk-hotels-19-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/tajgvk-hotels-19-fall-in-profits\/","title":{"rendered":"TajGVK Hotels &#038; Resorts Ltd Q1FY24; 19% fall in Profits"},"content":{"rendered":"\n<p>TajGVK Hotels &amp; 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 &amp; managing hotels, palaces, and resorts under the brand name of \u201cTAJ\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>TajGVK Hotels &amp; Resorts Ltd reported Revenues for Q1FY24 of \u20b992.00 Crores up from \u20b986.00 Crore year on year, a rise of 6.98%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b972.00 Crores up from \u20b964.00 Crores year on year, a rise of 12.5%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b913.00 Crores down 18.75% from \u20b916.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b92.11, down 17.25% from \u20b92.55 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-527.png\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-527-839x1024.png\" alt=\"\" class=\"wp-image-152252\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-527-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-527-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-527-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-527-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-527.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TajGVK Hotels &amp; 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 &amp; managing hotels, palaces, and resorts under the brand name of \u201cTAJ\u201d Financial Results: TajGVK Hotels &amp; Resorts Ltd reported Revenues for [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":152252,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[8179,8180,12807],"class_list":["post-152251","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-hotels-restaurants","tag-resorts","tag-taj"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-527.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":153360,"url":"https:\/\/alphastreet.com\/india\/indian-hotels-co-ltd-q1fy24-30-rise-in-profits\/","url_meta":{"origin":152251,"position":0},"title":"Indian Hotels Co Ltd Q1FY24; 30% rise in Profits","author":"Chirag Gupta","date":"August 14, 2023","format":false,"excerpt":"The Indian Hotels Company Ltd is primarily engaged in the business of owning, operating & managing hotels, palaces and resorts. Financial Results: Indian Hotels Co Ltd reported Revenues for Q1FY24 of \u20b91,466.00 Crores up from \u20b91,266.00 Crore year on year, a rise of 15.8%. Total Expenses for Q1FY24 of \u20b91,222.00\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-892.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-892.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-892.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-892.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-892.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-892.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":152725,"url":"https:\/\/alphastreet.com\/india\/advani-hotels-32-fall-in-profits\/","url_meta":{"origin":152251,"position":1},"title":"Advani Hotels &#038; Resorts (India) Ltd Q1FY24; 32% fall in Profits","author":"Divyansh_Kasana","date":"August 10, 2023","format":false,"excerpt":"Advani Hotels & Resorts (India) is engaged in the Hotel Business through its \"Caravela Beach Resort\", a five-star Deluxe Resort situated in Varca Beach, South Goa. Financial Results: Advani Hotels & Resorts (India) Ltd reported Revenues for Q1FY24 of \u20b923.32 Crores up from \u20b922.87 Crore year on year, a rise\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-684.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-684.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-684.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-684.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-684.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-684.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":164247,"url":"https:\/\/alphastreet.com\/india\/hlv-ltd-q1fy24-7-rise-in-revenue-2\/","url_meta":{"origin":152251,"position":2},"title":"HLV Ltd Q1FY24; 7% rise in Revenue","author":"Chirag Gupta","date":"September 5, 2024","format":false,"excerpt":"HLV Ltd is primarily engaged in the business of owning, operating & managing hotels, palaces and resorts. Financial Results: HLV Ltd reported Revenues for Q1FY24 of \u20b942.62 Crores up from \u20b939.94 Crore year on year, a rise of 6.71%. 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Total Expenses for Q1FY24 of \u20b942.31 Crores up from \u20b939.18 Crores\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-537.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-537.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-537.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-537.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-537.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-537.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":149527,"url":"https:\/\/alphastreet.com\/india\/oriental-hotels-ltd-q1fy24-26-fall-in-profits\/","url_meta":{"origin":152251,"position":4},"title":"Oriental Hotels Ltd Q1FY24; 26% fall in Profits","author":"Karan_Singh","date":"July 21, 2023","format":false,"excerpt":"Oriental Hotels Ltd is primarily engaged in the business of owning, operating & managing hotels, palaces and resorts. 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The Company is engaged in the business of owning, operating & managing hotels, palaces, and resorts under the brand name of \u201cTAJ\u201d Financial Results: TajGVK Hotels &\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-219.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-219.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-219.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-219.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-219.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-219.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/152251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=152251"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/152251\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/152252"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=152251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=152251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=152251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}