Taj GVK Hotels & Resorts Limited has informed the Exchange regarding Outcome of Board Meeting held on May 13, 2025.
TAJGVK · price
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Taj GVK Hotels & Resorts reported its audited financial results for Q4 and FY ended March 31, 2025. Standalone revenue from operations rose to Rs.44,968 lakhs from Rs.40,799 lakhs in FY24, about 10% growth. Standalone profit after tax jumped to Rs.9,485 lakhs from Rs.7,440 lakhs, a growth of roughly 27%. Consolidated PAT (after share of joint venture) climbed to Rs.11,719 lakhs from Rs.9,270 lakhs, with consolidated EPS rising to Rs.18.60 from Rs.14.78. The Board has recommended a dividend of Rs.2 per share (100%), higher than the 75% paid in the previous year. Statutory auditors M. Bhaskara Rao & Co issued an unmodified (clean) opinion on both standalone and consolidated results. The company also disclosed a Rs.1,161 lakh demand notice from Telangana power distribution for cross-subsidy surcharge, against which it has made a Rs.364 lakh provision and filed a writ petition.
Strong double-digit profit growth, dividend hike, and clean audit opinion are positive for shareholders. The pending power surcharge dispute is a modest overhang but already partly provided for. Overall, the results reinforce confidence in the company's earnings momentum.