Latest news with #TajGanges
Business Upturn
28-04-2025
- Business
- Business Upturn
Benares Hotels Q4 results: Net profit jumps 39% YoY to Rs 16.1 crore; Revenue grows 38%
By Aditya Bhagchandani Published on April 28, 2025, 16:50 IST Benares Hotels Limited (BHL), a subsidiary of The Indian Hotels Company Limited (IHCL), posted strong financial results for the fourth quarter ended March 31, 2025 (Q4 FY25). The company reported a 39% year-on-year (YoY) surge in net profit to ₹16.1 crore, up from ₹11.6 crore in the corresponding period last year. Revenue for the quarter rose sharply by 38% to ₹50.5 crore compared to ₹36.6 crore in Q4 FY24. The company's operating performance also strengthened, with EBITDA reaching ₹23.1 crore in Q4 FY25, up from ₹16.9 crore a year ago. For the full financial year FY25, Benares Hotels reported a revenue of ₹140.7 crore, marking a 14% increase from ₹123.8 crore recorded in FY24. EBITDA for the year grew to ₹64.5 crore compared to ₹54.4 crore last year, while Profit After Tax (PAT) rose to ₹43.2 crore from ₹36.1 crore in the previous fiscal year. Dr. Anant Narain Singh, Chairman of Benares Hotels Limited, said, 'BHL reported four consecutive quarters of strong double-digit growth resulting in FY2025 revenue of ₹141 crore, a growth of 14%, EBITDA of ₹65 crore with a robust EBITDA margin of 45.8%, and PAT of ₹43 crore.' He further highlighted that the demand for destinations like Varanasi remained strong, boosted by events such as the Kumbh Mela and associated travel activities. The company clocked a record quarterly revenue of ₹51 crore during Q4 alone, supported by these trends. Key Highlights: Taj Ganges's new wing comprising 100 additional rooms and a restaurant is nearing completion and is expected to open in Q3 FY26. Taj brand was ranked as India's strongest brand across all sectors by Brand Finance's Brand Value Report India 2023. Taj Ganges, Varanasi, received an award for outstanding contribution in environmental sustainability from the Travel Welfare Association of Varanasi. About Benares Hotels Limited: Benares Hotels Limited operates properties like Taj Ganges and Taj Nadesar Palace in Varanasi and Ginger Gondia in Maharashtra. Incorporated in 1971, the company is a listed entity under IHCL's portfolio. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. The author or Business Upturn is not liable for any losses arising from the use of this information. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Yahoo
29-01-2025
- Yahoo
Stunning Hotels You've Never Heard of (But Should)
Tired of the same overhyped hotel chains? Whether you're planning a city escape, a beachfront retreat, or an adventure-filled journey, there are hidden gems around the world that offer luxury, comfort, and unique experiences—without the tourist crowds. From a historic palace in Istanbul to a serene lakeside retreat in Finland, these underrated hotels deserve a spot on your travel bucket list. Chile Wyndham Santiago Pettra, Santiago Nestled in the upscale neighborhood of Lo Barnechea, Wyndham Santiago Pettra offers a blend of modern luxury and natural beauty. Guests can enjoy spacious rooms with panoramic views of the mountains, a full-service spa, and gourmet dining options. Its proximity to both the city center and outdoor attractions makes it an ideal choice for travelers. Wyndham Garden Santiago Kennedy, Santiago Located in the heart of Santiago's business district, this hotel provides contemporary accommodations with easy access to shopping centers and cultural sites. Amenities include a pool, fitness center, and an on-site restaurant serving international cuisine. It's a perfect base before heading to the breathtaking landscapes of Patagonia. India Trident Hotel, Agra Situated near the iconic Taj Mahal, Trident Hotel in Agra boasts beautifully landscaped gardens and elegant architecture. The hotel offers well-appointed rooms, a swimming pool, and multiple dining venues serving local and international dishes. Its warm hospitality ensures a memorable stay. ITC Rajputana, Jaipur Reflecting the grandeur of Rajasthan's royal heritage, ITC Rajputana in Jaipur features traditional architecture with modern comforts. Guests can indulge in luxurious rooms, a serene spa, and authentic Rajasthani cuisine at its renowned restaurants. The hotel's central location makes it convenient for exploring Jaipur's historic sites. Taj Ganges, Varanasi Set amidst 40 acres of lush gardens, Taj Ganges offers a tranquil retreat in the spiritual city of Varanasi. The hotel provides spacious rooms, a refreshing pool, and dining options that highlight regional flavors. Its proximity to the Ganges River allows guests to experience the city's sacred rituals. *All of these hotels were selected and booked through , a renowned not-for-profit creator of experiential travel opportunities all over the world specializing in educational adventures for adults. Known for curating immersive experiences, Road Scholar ensures that every aspect of a trip—from accommodations to excursions—is thoughtfully planned and seamlessly executed. Their expertise was evident in each hotel choice, offering a perfect balance of comfort, luxury and proximity to India's most iconic landmarks. Italy Atelier Inès Arts & Suites, Naples Located in the vibrant heart of Naples, Atelier Inès combines artistic flair with boutique luxury. Each suite is uniquely designed, showcasing contemporary art pieces handmade by the owners. Guests can enjoy personalized service, a charming courtyard, and easy access to Naples' historic attractions. Finland The Hotel Maria, Helsinki The Hotel Maria redefines luxury in Helsinki. Situated in the city's design district, it offers elegantly appointed rooms, a world-class spa, and gourmet dining experiences. Its location offers guests a perfect blend of urban exploration and relaxation. Elsanranta, Lake Saimaa For those seeking a serene escape, Elsanranta on the shores of Lake Saimaa provides cozy accommodations amidst Finland's natural beauty. Guests can enjoy activities like fishing, in-room sauna sessions, and hiking. The tranquil environment makes it an ideal retreat from the hustle and bustle. Norway Moxy Tromsø Moxy Tromsø offers a stylish and affordable stay in the Arctic city of Tromsø. Known for its chic design and vibrant social spaces, the hotel provides modern amenities and easy access to the city's attractions, including the Northern Lights during winter months. Turkey Kaya Palazzo Golf Resort, Belek This resort combines luxury accommodations with world-class golf facilities. Located on the Mediterranean coast, it features spacious rooms, multiple pools, a private beach, and diverse dining options. Golf enthusiasts will appreciate the meticulously designed course, while others can indulge in the spa and recreational activities. Çırağan Palace Kempinski, Istanbul Once an Ottoman palace, this hotel offers a regal experience on the shores of the Bosphorus. Guests can enjoy opulent rooms, a stunning pool overlooking the strait, and exquisite dining options. Its rich history and prime location make it a standout choice in Istanbul. Spain Hard Rock Hotel Tenerife Located in the Canary Islands, this hotel offers a vibrant atmosphere with music-themed decor. Guests can enjoy multiple pools, diverse dining venues, and live entertainment. Hard Rock Hotel Marbella Set in the upscale area of Puerto Banús, this hotel combines the brand's signature style with Andalusian charm. Features include stylish rooms, a lively pool and proximity to Marbella's renowned nightlife and beaches.
