Stock Report

Viceroy Hotels Returns to Profitability in Q1 FY27 with Strong Revenue Growth

Posted On : 2026-07-31 22:46:23( TIMEZONE : IST )

Viceroy Hotels Limited has published its unaudited consolidated and standalone financial results for the first quarter ended June 30, 2026. The hospitality company reported a solid top-line performance and a successful turn to profitability compared to a net loss recorded in the corresponding period of the previous fiscal year.

Consolidated Financial Performance

On a consolidated basis, Viceroy Hotels registered a 76.99% year-over-year surge in revenue from operations, reaching Rs. 4,490.19 lakh for Q1 FY27, compared to Rs. 2,536.95 lakh in Q1 FY26 (quarter ended June 30, 2025). Total consolidated income stood at Rs. 4,519.44 lakh against Rs. 2,645.31 lakh in the same period last year.

Total consolidated expenses for the quarter amounted to Rs. 4,381.76 lakh, compared to Rs. 2,607.30 lakh in Q1 FY26. Main cost components included other operational expenses of Rs. 2,094.91 lakh, employee benefits of Rs. 857.32 lakh, finance costs of Rs. 544.90 lakh, and depreciation/amortization of Rs. 496.28 lakh.

Key consolidated bottom-line highlights:

Profit Before Tax (PBT): Climbed to Rs. 137.68 lakh, up from Rs. 38.01 lakh in Q1 FY26.

Tax Benefit: A net tax credit of Rs. 7.18 lakh (comprising deferred tax income of Rs. 10.75 lakh offset by current tax of Rs. 3.57 lakh) was recognized.

Net Profit for the Period: Reached Rs. 144.86 lakh, marking a significant turnaround from a net loss of Rs. 302.30 lakh recorded in Q1 FY26.

Earnings Per Share (EPS): Basic and diluted EPS improved to Rs. 0.21 per equity share (face value Rs. 10 each), compared to a negative EPS of Rs. (0.45) in the year-ago quarter.

Standalone Financial Performance

The standalone operations mirrored the strong growth trajectory observed across the group:

Revenue from Operations: Grew 29.05% year-over-year to Rs. 3,273.92 lakh from Rs. 2,536.95 lakh in Q1 FY26.

Other Income: Stood at Rs. 319.08 lakh, taking total standalone income to Rs. 3,593.00 lakh.

Total Expenses: Stood at Rs. 3,483.43 lakh, driven by other expenses of Rs. 1,654.31 lakh, employee benefit expenses of Rs. 663.16 lakh, and finance costs of Rs. 436.60 lakh.

Profit Before Tax (PBT): Reached Rs. 109.57 lakh, compared to Rs. 38.01 lakh in Q1 FY26.

Net Profit: Reported at Rs. 115.37 lakh (benefiting from a deferred tax credit of Rs. 5.80 lakh), rebounding from a net loss of Rs. 302.30 lakh in the corresponding period last year.

Basic and Diluted EPS: Stood at Rs. 0.17 per equity share.