Viceroy Hotels Limited — Updates, 08-08-2025: Press Release

Viceroy Hotels reported a challenging Q1 FY26. Revenue fell 6.37% YoY to ₹25.37 Cr, with Profit After Tax at (₹3.02 Cr) from ₹1.72 Cr last year. This dip was primarily due to limited inventory from ongoing renovations at Courtyard by Marriott. Management confirms expansion strategy is on track, including a new greenfield hotel and a 56-room addition at Courtyard by Marriott. Phase I of expansion, also featuring a new spa, gym, and rooftop bar, is expected by Q3 FY26, with financial benefits from added rooms anticipated from Q3 FY26.