VHLTD Viceroy Hotels Q2 FY26 results (Jul–Sep 2025) and concall
Viceroy Hotels reported a mixed Q2 FY26, with strong ADR growth and progress on its phased renovation plan, particularly the near completion of Phase 1 at Courtyard. However, profitability and occupancy were impacted by renovation activities and a deferred tax adjustment. Management remains optimistic about future margin expansion and revenue growth, driven by completed upgrades and favorable market dynamics in Hyderabad, while also planning for further expansion.
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What they filed
Q2 FY26: revenue down 4.7%, net profit down 92.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 32 | 38 | 35 | 25 | 31 −5% |
| EBITDA | 8 | 11 | 10 | 4 | 8 −2% |
| Net profit | 60 | 7 | 10 | -3 | 4 −93% |
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.
