Viceroy Hotels Limited announced its unaudited financial results for the quarter ended June 30, 2026 (Q1 FY27). The company reported significant year-over-year growth across key financial metrics.

Financial Performance

Total Income: ₹45.2 crores in Q1 FY27, representing a 70.8% increase compared to ₹26.5 crores in Q1 FY26.

EBITDA: ₹11.8 crores in Q1 FY27, showing 144.5% growth from ₹4.8 crores in Q1 FY26. EBITDA margins expanded by 725 basis points year-over-year to 26.3%.

Profit Before Tax (PBT): ₹1.4 crores in Q1 FY27 compared to ₹0.4 crores in Q1 FY26.

Profit After Tax (PAT): ₹1.4 crores in Q1 FY27, recording a 147.9% growth compared to a loss of ₹3.0 crores in Q1 FY26.

Segmental Performance Details

Hospitality (Courtyard & Marriott):

  • Occupancy: 76.3% in Q1 FY27 vs 53.7% in Q1 FY26 (2,260 basis points improvement)
  • Average Daily Rate (ADR): ₹6,107 in Q1 FY27 vs ₹6,952 in Q1 FY26 (-12.2%)
  • Revenue Per Available Room (RevPAR): ₹4,657 in Q1 FY27 vs ₹3,730 in Q1 FY26 (24.9% growth)
  • Revenue: ₹19.6 crores in Q1 FY27 vs ₹14.1 crores in Q1 FY26 (39% growth)

Hospitality (Executive Apartments):

  • Occupancy: 94.0% in Q1 FY27 vs 83.0% in Q1 FY26 (1,100 basis points improvement)
  • Average Daily Rate (ADR): ₹13,342 in Q1 FY27 vs ₹12,417 in Q1 FY26 (7.5% growth)
  • Revenue Per Available Room (RevPAR): ₹12,519 in Q1 FY27 vs ₹10,340 in Q1 FY26 (21.1% growth)
  • Revenue: ₹8.5 crores in Q1 FY27 vs ₹7.1 crores in Q1 FY26 (19.7% growth)

Food & Beverage Performance:

  • F&B (Courtyard & Marriott): ₹12.0 crores revenue in Q1 FY27 vs ₹10.2 crores in Q1 FY26 (17.6% growth)
  • F&B (Executive Apartments): ₹3.3 crores revenue in Q1 FY27 vs ₹3.5 crores in Q1 FY26 (-5.7% decline)

Management Commentary

Mr. Ravinder Reddy Kondareddy, Managing Director & CEO, commented on the results: "We are pleased to report a strong performance this quarter, reflecting a meaningful recovery following a comparatively softer preceding quarter. Our Executive Apartments business continued to gain momentum, delivering a 19% increase in room revenue during the period. Throughout the quarter, we remained focused on enhancing operational efficiencies and maintaining disciplined execution, while steadily advancing our renovation and expansion initiatives in a phased manner. These strategic efforts continue to strengthen the long-term positioning of our hospitality portfolio and reinforce our commitment to creating sustainable value for all stakeholders."

Company Overview

Viceroy Hotels Ltd operates three premium Marriott-branded properties in Hyderabad: Marriott Hyderabad, Courtyard by Marriott and Executive Apartments, with a total of 538 room keys. The properties are located in the Central Business District of Hyderabad and cater to both luxury and business segments. The company is strategically expanding into key Indian markets with focus on business, leisure, luxury, and destination travel segments.

Important Note

The consolidated financial results for the quarter ended June 30, 2025 (comparative period) do not include the results of SLN Terminus Hotels & Resorts Private Limited.

Investor Relations

MUFG Intime India Private Limited handles investor relations contacts: Ms. Pooja Swami (pooja.swami@in.mpms.mufg.com) and Mr. Chirag Bhatiya (chirag.bhatiya@in.mpms.mufg.com).

Safe Harbor Statement

The document includes standard forward-looking statements disclaimer noting that future performance is subject to risks and uncertainties including industry trends, political and economic environment changes, tax laws, litigation, labor relations, exchange rate fluctuations, technological changes, and other factors.