Brigade Hotel Ventures PAT Surges 140% to ₹17 Cr in Q1 FY27
Brigade Hotel Ventures Ltd. (BHVL) reported a significant 140% year-on-year surge in Profit After Tax (PAT) to ₹17 Crore for the first quarter of FY27, up from ₹7 Crore in Q1 FY26. Consolidated total revenue saw a modest 5% increase to ₹131 Crore. Operating EBITDA grew by 9% to ₹46 Crore. Key growth drivers included room revenue, with Average Room Rate (ARR) up 7% and Revenue Per Available Room (RevPAR) up 9%. Bengaluru properties led the growth with RevPAR up 10%. The company highlighted resilient domestic demand, strong pricing power, and cost discipline as contributing factors. Expansion plans include doubling keys and diversifying the portfolio. The quarter also saw the rebranding of a Kochi property and the upcoming launch of a Chennai property.
Key Highlights
- PAT surged 140% YoY to ₹17 Cr in Q1 FY27.
- Consolidated revenue grew 5% to ₹131 Cr.
- Operating EBITDA increased 9% to ₹46 Cr.
- RevPAR grew 9% YoY, driven by strong pricing.
- Expansion plans to double hotel keys are underway.
Price Impact
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