Brigade Hotel Ventures Q2 FY27 Revenue Up 10%, PAT Doubles
Brigade Hotel Ventures Ltd. (BHVL) reported a consolidated total revenue of ₹142 Crores in Q2 FY27, a 10% increase year-on-year. Profit After Tax (PAT) more than doubled, reaching ₹22 Crores in Q2 FY27 from ₹11 Crores in Q2 FY26, marking a 105% growth. Revenue from operations grew by 10% to ₹138 Crores, while EBITDA saw a 26% increase to ₹52 Crores. F&B revenue also rose 10% to ₹46 Crores. Average Room Revenue (ARR) increased by 11% to ₹7,876, and RevPAR grew by 10% to ₹5,922, with occupancy at 75.2%. For the first half of FY27 (H1 FY27), total revenue was ₹273 Crores (up 7% YoY) and PAT was ₹39 Crores (up 122% YoY). The company is on track to launch Courtyard by Marriott Chennai World Trade Centre and is evaluating acquisition opportunities, aiming to double its portfolio by FY30.
Key Highlights
- Q2 FY27 revenue grew 10% YoY to ₹142 Crores.
- PAT more than doubled, increasing 105% to ₹22 Crores.
- EBITDA increased 26% YoY to ₹52 Crores.
- ARR and RevPAR saw double-digit growth in Q2 FY27.
- Company plans to double portfolio by FY30 and is evaluating acquisitions.
Price Impact
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