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VICEROY HOTELS LTD. Q1 FY26 Results

VHLTDQ1 FY26 Results
Filing
MetricValue (₹ Cr)vs Q4 FY25
Revenue25.3728.2%
Total Income26.4527.7%
Expenditure26.0711.7%
PBT0.3894.6%
Net Profit-3.02139.0%
OPM14.74%12.33pp
NPM-11.43%32.59pp
EPS0.0496.9%
View full financials

Viceroy Hotels Limited: Q1 FY26 Financial Performance Snapshot, Expansion Milestones at Courtyard

08 Aug 2025 · 8 Aug 2025, 09:37 pm

Summary

Viceroy Hotels Limited, one of India's leading leisure hospitality providers, announced its unaudited financial results for the quarter ended 30th June 2025. The company reported a decline in revenue and profitability in Q1 FY26 due to limited inventory availability at Courtyard by Marriott during its ongoing renovation. However, the company is optimistic about the future with key expansion milestones expected to be completed by Q3 FY26.

Key Highlights

  1. 1

    Quarterly revenue witnessed a temporary decline due to limited inventory at Courtyard by Marriott

  2. 2

    Key expansion milestones at Courtyard expected to be completed by Q3 FY26

  3. 3

    56 guest rooms across the 6th and 7th floors to be fully operational

  4. 4

    A full-fledged spa with 7 rooms and a gym to be developed on the 8th floor

  5. 5

    The 9th floor will feature a rooftop bar with 70 covers overlooking the swimming pool and offering scenic views of Hussain Sagar Lake

Management Comments

M

Mr. Ravinder Reddy Kondareddy

We continue to execute our expansion strategy in a phased and disciplined manner. The development of our new greenfield hotel project at Madhapur is also progressing as planned. In parallel, we are actively evaluating select assets that align with our growth vision and can be value-accretive over the long term. We expect to complete the phase | expansion by Q3 FY26. This includes 56 additional rooms at Courtyard by Marriott which are expected to command higher Average Daily Rates (ADR), and the financial contribution from these rooms is expected to begin reflecting in our revenue from the Q3 FY26. With all our expansion initiatives on track, we remain confident in delivering strong and sustainable growth in the years ahead.

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