Viceroy Hotels Registers Strong Growth in Q1 FY27 Amid Operational Enhancements
Viceroy Hotels Limited, a prominent leisure hospitality provider in India, announced its unaudited financial results for the quarter ended June 30, 2026. The company reported significant year-on-year growth across key profitability metrics, driven by strong performance in both established and emerging segments.The hotel chain saw Total Income climb 70.8% year-over-year (YoY) to Rs 45.2 crores, up from Rs 26.5 crores in the same period last year. Earnings before interest, depreciation, and amortisation (EBITDA) increased by 144.5% YoY, reaching Rs 11.8 crores. Profit After Tax (PAT) for Q1 FY27 stood at Rs 1.4 crores, a marked improvement compared to the loss of Rs 3.0 crores recorded in Q1 FY26.
The company's overall financial health metrics are detailed below:
| Particulars (Rs. Crs.) | Q1 FY27 | Q1 FY26 | Y-o-Y Growth |
|---|---|---|---|
| Total Income | 45.2 | 26.5 | 70.8% |
| EBITDA | 11.8 | 4.8 | 144.5% |
| Profit Before Tax (PBT) | 1.4 | 0.4 | 262.2% |
| Profit After Tax (PAT) | 1.4 | -3.0 | 147.9% |
Segmental Performance Highlights
The performance across Viceroy Hotels Limited's various segments demonstrated sustained growth momentum, contributing to the overall improvement in profitability.In the Hospitality segment (Courtyard and Marriott), revenue grew by 39%, while Occupancy increased by 2260 basis points (bps) to reach 76.3%. Room revenue from the Marriott and Courtyard hotels saw a 39% increase. The Executive Apartments segment recorded a 19.7% rise in revenue, with occupancy reaching 94.0%, up from 83.0% in Q1 FY26.
The F&B business across both brand segments contributed Rs 12.0 crores and Rs 3.3 crores respectively for the quarter, showing a growth of 17.6% and -5.7%.
| Segment | Particulars | Q1 FY27 Metrics |
|---|---|---|
| Hospitality (Courtyard & Marriott) | RevPAR | 4,657 |
| Occupancy | 76.3% | |
| Executive Apartments | RevPAR | 12,519 |
| Occupancy | 94.0% |
Management Commentary
Mr. Ravinder Reddy Kondareddy, Managing Director and CEO of Viceroy Hotels Limited, commented on the results, stating that the company is pleased to report a strong performance, reflecting a meaningful recovery following a comparatively softer preceding quarter.He highlighted the continued momentum in the Executive Apartments business, which delivered a 19% increase in room revenue during the period. Mr. Kondareddy emphasized that the management remained focused on enhancing operational efficiencies and maintaining disciplined execution while steadily advancing renovation and expansion initiatives in a phased manner. These strategic efforts, he noted, are set to strengthen the long-term positioning of the company’s hospitality portfolio.
VHLTD Stock Price Movement
Viceroy Hotels Limited shares edged higher today, closing at ₹134.13 after gaining 3.34%. The stock finished the session within its trading range, having seen a total traded volume of 19,926 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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