TAJGVK Hotels Q1 FY27 Results: New Taj Yelahanka Bengaluru Set to Open Soon
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TAJGVK Hotels posted Q1 FY27 consolidated revenue of Rs 166.11 Cr and PAT of Rs 31.66 Cr, up from Rs 108.08 Cr and Rs 20.89 Cr last year (not strictly comparable due to change in consolidation method). Subsidiary Taj Santacruz Mumbai revenue rose to Rs 56.69 Cr with PAT at Rs 12.97 Cr. New 256-key Taj Yelahanka Bengaluru has received occupancy certificate and is set to start commercial operations shortly. Renovation of 24 rooms at Taj Deccan and 74 at Taj Chandigarh underway.
New Bengaluru property ready to launch; consolidated PAT up about 52% YoY but not strictly comparable; subsidiary Taj Santacruz shows steady growth.