Benares Hotels Reports Strong Q1 FY2027 Results, Citing Revenue Growth Driven by Hotel Inventory
Benares Hotels Limited (BHL), a subsidiary of The Indian Hotels Company Limited (IHCL), has announced its financial results for the first quarter ending June 30, 2026. The company demonstrated significant performance, reporting a 31% growth in revenue and robust profitability across key metrics.The Q1 FY 2027 results highlight strong operational execution at the company's properties. Revenue for the period stood at INR 35.2 Cr, compared to INR 26.8 Cr in Q1 FY 2025-2026. EBITDA reached INR 13.8 Cr from INR 11.8 Cr in the previous year, while Profit After Tax (PAT) was reported at INR 8.2 Cr against INR 7.6 Cr for Q1 FY 2025-2026.
The financial performance details are summarized below:
| Metric | Q1 FY 2027 | Q1 FY 2025 - 2026 |
|---|---|---|
| Revenue | INR 35.2 Cr | INR 26.8 Cr |
| EBITDA | INR 13.8 Cr | INR 11.8 Cr |
| Profit After Tax (PAT) | INR 8.2 Cr | INR 7.6 Cr |
Dr. Anant Narain Singh, Chairman of Benares Hotels Limited, commented on the results, noting that the hotel reported a 31% growth in revenue for the quarter. He highlighted that EBITDA stood at INR 14 crores, reflecting a healthy EBITDA margin of 39%, and PAT was INR 8 crores. The increased revenue performance was primarily driven by the addition of 100 rooms inventory at Taj Ganges.
Dr. Singh also stated that the outlook for the current financial year remains strong, supported by anticipated seasonal demand in the destination.
Operational Highlights and Company Profile
Benares Hotels Limited is a publicly listed company incorporated in 1971, operating through its various properties across India. The company’s portfolio includes Taj Ganges and Taj Nadesar Palace in Varanasi, as well as Ginger in Gondia, Maharashtra. It became a subsidiary of The Indian Hotels Company Limited (IHCL) in 2011.Key achievements recognized during the quarter include:
- Taj Nadesar Palace achieved BSQA Gold certification.
- Taj Ganges earned Green certification.
- The Taj Ganges in Varanasi hosted the BRICS delegation in June 2026.
Stock Price Movement
Benares Hotels Ltd shares settled in post-market trading on Tuesday at ₹10,348.10, edging down 0.71%.The stock navigated a volatile session, finding itself within an intraday range that spanned from a low of ₹10,250.00 to a high of ₹10,565.95.
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