×

TajGVK Q4 PAT rises 10.6 pc to Rs 28.6 cr

New Delhi, May 13 (PTI) TajGVK Hotels on Tuesday reported a 10.6 per cent rise in its consolidated profit after tax to Rs 28.6 crore for the fourth quarter of FY25.
    The company had reported a PAT of Rs 25.85 crore in the January-March quarter of FY24.
    Its total revenue for the quarter stood at Rs 130.59 crore against Rs 116.69 crore a year ago, a regulatory filing showed.
    The total expenses in the quarter also rose to Rs 96.48 crore from Rs 81.59 crore a year ago.
    TAJGVK Hotels & Resorts Limited (TajGVK) is a joint venture formed through a strategic alliance between Hyderabad-based GVK Group and Indian Hotels Company Limited (IHCL) in 1999.
    GVK Group is a multi-product and multi-location business conglomerate with several integrated companies in India and abroad.
    IHCL is a Tata enterprise with a chain of hotels, owning the Taj Group of Hotels, and manages and operates various hotels across the country and abroad.
    The company owns and operates three five-star hotels in Hyderabad and one five-star hotel each in the cities of Chennai, Chandigarh and one five-star luxury hotel in Mumbai through joint venture company -- Green Woods Palaces and Resorts Pvt Ltd.

(This story has not been edited by THE WEEK and is auto-generated from PTI)