TAJGVK Hotels & Resorts Limited has announced its unaudited standalone financial results for the third quarter ended December 31, 2025, during a Board meeting held on February 9, 2026. For Q3 FY26, the company reported a revenue from operations of Rs. 136.36 Crores, reflecting a significant increase of 27.23% from the previous quarter’s Rs. 107.18 Crores and a 7.42% growth from the Rs. 126.94 Crores recorded in the corresponding quarter of the previous year. Profit after tax for the quarter stood at Rs. 29.09 Crores, an increase of 23.73% compared to the sequential quarter (Rs. 23.51 Crores), although it witnessed a decline of 14.16% from the Rs. 33.89 Crores reported in the same period last year. This decrease in year-on-year profit was partly due to an additional liability of Rs. 4.22 Crores related to new labor code assessments and higher expenses from ongoing hotel renovations.

TAJGVK Hotels & Resorts Limited is a joint venture between the GVK Group and Indian Hotels Company Limited (IHCL), operating premium hotel properties across India under the ‘Taj’ brand. The company’s portfolio includes iconic luxury properties like Taj Krishna and Taj Deccan in Hyderabad, as well as hotels in Chandigarh and Chennai. In a strategic move announced on February 9, 2026, the Board approved the acquisition of an additional 2.01% stake in Green Woods Palaces and Resorts Private Limited for Rs. 16.09 Crores, which will make the entity—operator of the Taj Santacruz hotel in Mumbai—a subsidiary of the company. This acquisition increases TAJGVK’s shareholding from 48.99% to 51%. The company continues to focus on property enhancements, recently completing room renovations at Taj Deccan and public area upgrades at its Chandigarh and Chennai locations.