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Taj GVK Hotels & Resorts ‘s Q2 Report: Revenue Rises by 17.61% YoY

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Highlights

  • The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 17.61 % in the past year, substantial increase in net sales/revenue by 13.32 %.
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 62.59 %. Marginal increase in other income during this quarter, up by 10.06%.
  • Profit over the Year and quarter: Significant improvement in profitability for Taj GVK Hotels & Resorts Limited. Notable increase of 69.92 % in net profit Year to Year, Taj GVK Hotels & Resorts Limited’s profitability increased by 42.7 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 70.04 % Year to Year. EPS increased by 42.44 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Taj GVK Hotels & Resorts Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 89.42 Cr Rs. 92.81 Cr Rs. 105.17 Cr + 13.32 % + 17.61 %
Expenses Rs. 67.8 Cr Rs. 66.11 Cr Rs. 75.7 Cr + 14.51 % + 11.65 %
Operating Profit Rs. 21.62 Cr Rs. 26.7 Cr Rs. 29.47 Cr + 10.37 % + 36.31 %
OPM % 24.18 % 28.77 % 28.02 % -0.75 % + 3.84 %
Other Income Rs. 4.17 Cr Rs. 6.16 Cr Rs. 6.78 Cr + 10.06 % + 62.59 %
Interest Rs. 3.14 Cr Rs. 2.5 Cr Rs. 2.51 Cr + 0.4 % -20.06 %
Depreciation Rs. 3.58 Cr Rs. 3.3 Cr Rs. 3.31 Cr + 0.3 % -7.54 %
Profit before tax Rs. 19.07 Cr Rs. 27.06 Cr Rs. 30.43 Cr + 12.45 % + 59.57 %
Tax % 30.18 % 44.23 % 23.98 % -20.25 % -6.2 %
Net Profit Rs. 14.26 Cr Rs. 16.98 Cr Rs. 24.23 Cr + 42.7 % + 69.92 %
EPS in Rs Rs. 2.27 Rs. 2.71 Rs. 3.86 + 42.44 % + 70.04 %


Today, we’re looking at Taj GVK Hotels & Resorts Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 17.61 %. However, it did see a marginal increase of 13.32 % from the previous quarter. Expenses ticked up slightly by 14.51 % quarter-on-quarter, aligning with the annual rise of 11.65 %. Operating profit, while up 36.31 % compared to last year, faced a quarter-on-quarter increase of 10.37 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 3.84 %, but a shrinkage of -0.75 % sequentially. Other income rose by 10.06 % compared to the last quarter, despite an annual growth of 62.59 %. Interest expenses surged remarkably by 0.4 % from the previous quarter, yet the year-over-year decrease remains at a moderate -20.06 %. Depreciation costs climbed by 0.3 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -7.54 %. Profit before tax grew annually by 59.57 % but saw an increase from the preceding quarter by 12.45 %.
Tax expenses as a percentage of profits decreased slightly by -6.2 % compared to last year, with a more notable quarter-on-quarter decrease of -20.25 %. Net profit rose by 69.92 % year-on-year but experienced a 42.7 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 70.04 % but a quarterly rise of 42.44 %. In summary, Taj GVK Hotels & Resorts Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 89.42 Cr Rs. 92.81 Cr Rs. 105.17 Cr + 13.32 % + 17.61 %
Expenses Rs. 67.8 Cr Rs. 66.11 Cr Rs. 75.7 Cr + 14.51 % + 11.65 %
Operating Profit Rs. 21.62 Cr Rs. 26.7 Cr Rs. 29.47 Cr + 10.37 % + 36.31 %
Net Profit Rs. 14.26 Cr Rs. 16.98 Cr Rs. 24.23 Cr + 42.7 % + 69.92 %
EPS in Rs Rs. 2.27 Rs. 2.71 Rs. 3.86 + 42.44 % + 70.04 %


In reviewing Taj GVK Hotels & Resorts Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 17.61 % year-on-year growth, however, there was a minor increase of 13.32 % from the previous quarter. Expenses rose by 11.65 % compared to the previous year, with a 14.51 % increase quarter-on-quarter. Operating Profit surged by 36.31 % annually, and saw a 10.37 % increase from the last quarter.
Net Profit showed yearly increase of 69.92 %, and experienced a 42.7 % increase from the previous quarter. Earnings Per Share (EPS) rose by 70.04 % annually, however rose by 42.44 % compared to the last quarter. In essence, while Taj GVK Hotels & Resorts Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.

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