Apeejay Surrendra Park Hotels Limited reported an 8.1% year-on-year increase in revenue from operations to ₹166.8 crore during the first quarter of FY2026-27. Despite the revenue growth, the hospitality company’s profit after tax (PAT) declined by around 14% compared with the corresponding quarter last year.
New Delhi: The company recorded operating EBITDA of ₹47 crore during the quarter, representing a 3.3% increase over the year-ago period. Consolidated EBITDA stood at around ₹52 crore, according to reported Q1 figures.
The company’s performance comes amid continued growth in its hotel operations, with key operating indicators also showing improvement. Industry data indicates that the company recorded a year-on-year increase of about 13% in average room rates (ARR), while revenue per available room (RevPAR) rose by approximately 11.5%.
Focus on Growth and Expansion
The Park Hotels operator has continued to focus on strengthening its presence in the Indian hospitality market, supported by its portfolio of premium and lifestyle-focused properties.
The increase in revenue during the quarter reflects stronger operating performance, although the decline in PAT indicates pressure at the bottom line despite improved top-line growth.
The company’s latest quarterly results highlight a mixed performance: stronger revenue and operating EBITDA on one hand, but lower net profitability on the other.
With demand for quality accommodation and experiential hospitality continuing to support the sector, Apeejay Surrendra Park Hotels is expected to remain focused on improving operating performance while expanding its portfolio.
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