Apeejay Surrendra Park Hotels achieves record Q1 performance
Apeejay Surrendra Park Hotels Limited reported Q1 FY26 revenue of ₹157 crore, up 13% year-over-year. PAT surged 805% to ₹13 crore, while EBITDA rose 12% to ₹48 crore.
The company achieved 92% occupancy, India's highest, and maintained market leadership in RevPAR within the upper upscale segment.
Strategic expansion includes adding 589 rooms with 41% increase in asset-light model. Flurys expanded to 102 outlets with 42% topline growth.
The company announced acquisitions of Zillion Hotels & Resorts in Mumbai and Malabar House Fort Kochi & Purity at Lake Vembanad, with launches planned in FY27 and FY26 respectively.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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