Viceroy Hotels Q1 revenue falls 6% amid renovations

Viceroy Hotels Limited reported Q1 FY26 revenue of Rs. 25.37 crores, down 6.37% from Rs. 27.10 crores year-over-year. EBITDA fell 13.58% to Rs. 4.82 crores.

Profit before tax plunged 70.45% to Rs. 0.38 crores from Rs. 1.29 crores, while the company posted a loss after tax of Rs. 3.02 crores versus Rs. 1.72 crores profit previously.

The decline stems from limited room inventory at Courtyard by Marriott during renovation. The company expects to complete 56 additional guest rooms, spa, gym and rooftop bar by Q3 FY26.