TAJGVK Hotels & Resorts Ltd Posts A 33% Increase In Pat For The Third Quarter Fy 19-20

0

Hyderabad, January 29th, 2020: TajGVK Hotels & Resorts Ltd, reported its financials for the quarter ending December 31, 2019.

FINANCIAL RESULTS FOR THE 3RD QUARTER ENDING December 31, 2019.

Dr.GVK Reddy, Chairman TAJGVK Hotels & Resorts Ltd said “In line with Aspiration 2022, the company has delivered strong growth across all parameters. This quarter also saw a further reduction in debt. We remain focused on maximizing revenue and profits in the coming quarters. ”

Greenwoods Palaces & Resorts Private Limited – a JV company which operates Taj Santacruz has performed well during the quarter and the company reported an 8% increase in income, 30% increase in EBITDA and an 85% increase in PAT.

KEY HIGHLIGHTS

  • 200 rooms have been renovated at Taj Krishna, Hyderabad. The new rooms are contemporary and stylish.

LEAVE A REPLY

Please enter your comment!
Please enter your name here