Taj GVK Q3 PAT dips 14% YoY, 9M up 34%; acquires JV stake to make it subsidiary

Pat Growth 25pctResults View source PDF Explain this filing

TAJGVK · price

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Price reactionminutes from the announcement price · days from the prior close

+3.6%Reaction day

₹359.40

prior close

₹368.15

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+2.6%+1.0% vs market

Hotels & Resorts peers, median of 50sector+1.9%+1.6% vs sector

On the reaction day the stock moved 1.0 pts more than Nifty Microcap 250 and 1.6 pts more than its Hotels & Resorts peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.2

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.6+2.6+1.0+1.9+1.6

Next day

+3.9+3.6+0.3+2.8+1.1

+1.2+3.1-1.8+2.7-1.5

-0.3+2.6-2.8+1.7-2.0

-1.2+1.1-2.3+0.8-2.0

-3.3+0.3-3.6-0.6-2.7

-0.1+1.6-1.7-0.5+0.4

15d

-4.7-3.9-0.8-4.0-0.7

-11.7-8.1-3.6-7.7-4.0

-8.2-3.1-5.1-7.7-0.5

-11.2+9.2-20.4-1.3-10.0

UpDownMarket · Nifty Microcap 250Sector · Hotels & Resorts peers, median of 50Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Taj GVK Hotels posted Q3 FY26 standalone revenue of Rs 136.36 cr (up 7.4% YoY) and PAT of Rs 29.09 cr (down 14.2% YoY). 9M FY26 PAT surged 34% to Rs 88.82 cr versus Rs 66.25 cr last year. Consolidated 9M PAT stood at Rs 90.52 cr. Board approved acquiring additional 15.05 lakh shares in JV Green Woods Palaces (Taj Santacruz hotel) for Rs 16.09 cr, raising stake to 51% from 48.99%, making it a subsidiary. New Labour Codes added Rs 4.22 cr liability to Q3 employee costs.

Likely market impact

Mixed quarter with YoY profit dip on higher costs, but strong 9M growth. Taj Santacruz JV becoming a subsidiary will boost future consolidation.