New Delhi, May 28 (PTI) Apeejay Surrendra Park Hotels Ltd (ASPHL) on Thursday reported a consolidated profit after tax of Rs 11.88 crore for the fourth quarter ended March, down from Rs 26.58 crore in the corresponding quarter of the previous year.
In the January-March (Q4) FY26, its revenue from operations increased to Rs 183.70 crore from Rs 177.32 crore in Q4 FY25.
Its total expenses rose to Rs 130.71 crore from Rs 115.23 crore a year ago, a regulatory filing showed..
Through the year, the group acquired control of Zillion Hotels and Resorts Private Limited, Fisherman’s Grove Resorts Private Limited and Thali Hotels and Destinations Private Limited to expand the company’s hospitality footprint in high-potential tourism destinations Mumbai and Kerala.
The company remains on track to more than double its room inventory to 6,653 keys over the next five years, it stated.
Flurys, the company’s iconic bakery and confectionery brand, now operates 110 outlets and remains well positioned for further expansion, it added.
Vijay Dewan, Managing Director, Apeejay Surrendra Park Hotels, said, “FY26 has been a significant year, with revenue crossing the Rs 700 crore milestone for the first time. Q4 continued to reflect resilient operating performance across the portfolio with the Company maintaining its leadership position in occupancy and RevPAR. The sale of serviced apartments at EM Bypas Kolkata, has exceeded expectations resulting in substantial improvement in this year’s cash flow”.
He added that the outlook remains positive, and we continue to focus on creating long-term value for our shareholders through strategic portfolio expansion, enhanced guest-centric experiences, operational excellence, and sustained margin improvement. PTI RSN MR
/images/ppid_59c68470-image-177972253322427462.webp)
