Taj GVK Hotels Q1 FY27 Consolidated Revenue ₹166.11 Cr

Taj GVK Hotels & Resorts Ltd announced its Q1 FY27 financial results, reporting consolidated revenue of ₹166.11 Cr, a significant increase from ₹108.08 Cr in the prior year's comparable period. The company's Profit After Tax (PAT) also saw a substantial rise to ₹31.66 Cr from ₹20.89 Cr. This growth is attributed to the change in consolidation method following the acquisition of an additional 2.01% stake in subsidiary Green Woods Palaces and Resorts Private Limited, leading to line-by-line consolidation. Despite geopolitical challenges in West Asia, the company maintained its turnover operationally. The subsidiary, Green Woods, operating Taj Santacruz, Mumbai, reported improved revenue and PAT. The company is also nearing the launch of its new 256-key luxury hotel, Taj Yelahanka, in Bengaluru.