Benares Hotels Limited (BHL), a subsidiary of The Indian Hotels Company Limited (IHCL), posted strong financial results for the fourth quarter ended March 31, 2025 (Q4 FY25). The company reported a 39% year-on-year (YoY) surge in net profit to ₹16.1 crore, up from ₹11.6 crore in the corresponding period last year.
Revenue for the quarter rose sharply by 38% to ₹50.5 crore compared to ₹36.6 crore in Q4 FY24. The company’s operating performance also strengthened, with EBITDA reaching ₹23.1 crore in Q4 FY25, up from ₹16.9 crore a year ago.
For the full financial year FY25, Benares Hotels reported a revenue of ₹140.7 crore, marking a 14% increase from ₹123.8 crore recorded in FY24. EBITDA for the year grew to ₹64.5 crore compared to ₹54.4 crore last year, while Profit After Tax (PAT) rose to ₹43.2 crore from ₹36.1 crore in the previous fiscal year.
Dr. Anant Narain Singh, Chairman of Benares Hotels Limited, said, “BHL reported four consecutive quarters of strong double-digit growth resulting in FY2025 revenue of ₹141 crore, a growth of 14%, EBITDA of ₹65 crore with a robust EBITDA margin of 45.8%, and PAT of ₹43 crore.”
He further highlighted that the demand for destinations like Varanasi remained strong, boosted by events such as the Kumbh Mela and associated travel activities. The company clocked a record quarterly revenue of ₹51 crore during Q4 alone, supported by these trends.
Key Highlights:
- Taj Ganges’s new wing comprising 100 additional rooms and a restaurant is nearing completion and is expected to open in Q3 FY26.
- Taj brand was ranked as India’s strongest brand across all sectors by Brand Finance’s Brand Value Report India 2023.
- Taj Ganges, Varanasi, received an award for outstanding contribution in environmental sustainability from the Travel Welfare Association of Varanasi.
About Benares Hotels Limited:
Benares Hotels Limited operates properties like Taj Ganges and Taj Nadesar Palace in Varanasi and Ginger Gondia in Maharashtra. Incorporated in 1971, the company is a listed entity under IHCL’s portfolio.
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