StockWatch
·
Filing
Q3

BENARES HOTELS LTD.

BENARASFY2615 Jan 2026
Revenue+74.2%
Net Profit+134.2%
OPM46.61%

P&L

Quarterly Standalone

Revenue
+74.2%41.63
Expenditure
+36.9%23.64
Net Profit
+134.2%14.23
NPM 33.37%+40.1%EPS ₹109.48+134.1%

vs Q2 FY26

Benares Hotels Reports Q3 FY2026 Revenue of INR 42.7 Crores and EBITDA of INR 20.6 Crores

15 Jan 2026 · 15 Jan, 4:41 pm

Summary

Benares Hotels Limited (BHL), a subsidiary of The Indian Hotels Company (IHCL), reported its results for the third quarter ending December 31, 2025. The company saw a revenue of INR 42.7 crores, EBITDA of INR 20.6 crores, and a profit after tax of INR 14.2 crores for Q3 FY2026. The revenue performance was driven by a 6% RevPAR increase primarily led by rate growth.

Key Highlights

  1. 1

    Taj ranked as India’s Strongest Brand across sectors and industries by Brand Finance’s Brand Value Report India 2024

  2. 2

    Taj Nadesar Palace, Varanasi features on the coveted Condé Nast Traveller Readers' Choice Awards 2025 No. 3 in Best hotels in India list

  3. 3

    Taj Ganges, Varanasi has been awarded for outstanding contribution in environment sustainability by the Travel Welfare Association of Varanasi

  4. 4

    Taj Ganges’s new wing comprising of 100 rooms will be operational in February 2026

Management Comments

D

Dr. Anant Narain Singh

BHL for Q3 FY2026 reported a revenue of INR 42.7 crores, EBITDA of INR 20.6 crores with a strong EBITDA margin at 48% and PAT of INR 14.2 crores. The revenue performance was enabled by a 6% RevPAR increase primarily led by rate growth.

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