KAMATHOTEL Kamat Hotels (I) Q3 FY26 results (Oct–Dec 2025) and concall
Kamat Hotels reported a mixed Q3 FY26, with strong revenue growth and healthy EBITDA margins driven by market recovery and positive response to new properties. However, PAT declined due to external disruptions and initial losses from delayed new hotel openings. Management acknowledged these challenges, revised FY26 revenue guidance downwards, but expressed confidence in the long-term potential of new and renovated assets, with net debt levels nearing their target.
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What they filed
Q3 FY26: revenue up 11.6%, net profit down 27.2% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 85 | 105 | 92 | 83 | 75 −12% | 118 +12% |
| EBITDA | 22 | 44 | 25 | 18 | 8 −65% | 39 −12% |
| Net profit | 8 | 26 | 11 | 4 | -2 −126% | 19 −27% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
