Taj GVK Hotels and Resorts saw a significant 13% jump in its stock price this week, driven by solid Q2 FY25 financial performance. The company reported a net profit of ₹19.65 crore, marking a 76.46% YoY increase from ₹11.13 crore. Revenue for the quarter surged 17.61%, reaching ₹105.17 crore, up from ₹89.42 crore last year.
Additionally, the company’s EBITDA rose 36.6%, with EBITDA margins improving to 28%, up from 24.2% in the previous year, highlighting operational efficiency.
On Friday, Taj GVK’s stock opened at ₹322.45, reached a high of ₹349.00, and hit a low of ₹320.10.