{"id":156329,"date":"2023-11-16T07:53:36","date_gmt":"2023-11-16T12:53:36","guid":{"rendered":"https:\/\/44.250.171.167\/?p=156329"},"modified":"2023-11-16T07:53:37","modified_gmt":"2023-11-16T12:53:37","slug":"tajgvk-hotels-66-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/tajgvk-hotels-66-fall-in-profits\/","title":{"rendered":"TajGVK Hotels &#038; Resorts Ltd Q2FY24; 66% 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 Q2FY24 of \u20b989.00 Crores same from \u20b989.00 Crore year on year.<\/p>\n\n\n\n<p>Total Expenses for Q2FY24 of \u20b975.00 Crores up from \u20b966.00 Crores year on year, a rise of 13.64%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b911.00 Crores down 65.62% from \u20b932.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b91.78, down 65.23% from \u20b95.12 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-219-839x1024.png\" alt=\"\" class=\"wp-image-156330\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-219-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-219-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-219-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-219-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-219.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\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\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/app.asai.alphastreet.io\/test-drive\/dashboard?utm_source=IN_WordPress&amp;utm_medium=IN_WordPress&amp;utm_campaign=IN_WordPress&amp;utm_id=IN_WordPress\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"870\" height=\"321\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/ASAI-Product-2-4.gif\" alt=\"\" class=\"wp-image-156241\"\/><\/a><\/figure>\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":156330,"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":[105,392,5749],"tags":[8179,13116,8180],"class_list":["post-156329","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-entertainment-stocks","tag-hotels-restaurants","tag-palaces","tag-resorts"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-219.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":164244,"url":"https:\/\/alphastreet.com\/india\/hlv-ltd-q2fy24-17-rise-in-revenue\/","url_meta":{"origin":156329,"position":0},"title":"HLV Ltd Q2FY24; 17% 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 Q2FY24 of \u20b941.37 Crores up from \u20b935.42 Crore year on year, a rise of 16.8%. Total Expenses for Q2FY24 of \u20b941.13 Crores up from \u20b940.33 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\/2024\/09\/image-22.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-22.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-22.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-22.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-22.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-22.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":155038,"url":"https:\/\/alphastreet.com\/india\/oriental-hotels-ltd-q2fy24-46-fall-in-profits\/","url_meta":{"origin":156329,"position":1},"title":"Oriental Hotels Ltd Q2FY24; 46% fall in Profits","author":"Hardik Bhandare","date":"October 18, 2023","format":false,"excerpt":"Oriental Hotels Ltd is primarily engaged in the business of owning, operating & managing hotels, palaces and resorts. Financial Results: Oriental Hotels Ltd reported Revenues for Q2FY24 of \u20b991.03 Crores up from \u20b988.80 Crore year on year, a rise of 2.51%. Total Expenses for Q2FY24 of \u20b981.69 Crores up from\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\/10\/image-46.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-46.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-46.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-46.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-46.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-46.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":155641,"url":"https:\/\/alphastreet.com\/india\/indian-hotels-co-ltd-q2fy24-38-rise-in-profits\/","url_meta":{"origin":156329,"position":2},"title":"Indian Hotels Co Ltd Q2FY24; 38% rise in Profits","author":"Hardik Bhandare","date":"November 1, 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 Q2FY24 of \u20b91,433.00 Crores up from \u20b91,233.00 Crore year on year, a rise of 16.22%. 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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\/08\/image-527.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-527.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-527.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-527.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-527.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-527.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153360,"url":"https:\/\/alphastreet.com\/india\/indian-hotels-co-ltd-q1fy24-30-rise-in-profits\/","url_meta":{"origin":156329,"position":4},"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. 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Financial Results: HLV Ltd reported Revenues for Q1FY25 of \u20b942.95 Crores up from \u20b942.62 Crore year on year, a rise of 0.77%. 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