Tuesday, May 26, 2026

Juniper Hotels Q4 revenue rises 8%; profit dips on exceptional items

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Juniper Hotelsreported a decline in consolidated net profit for the fourth quarter of FY26, with profit falling to ₹50.4 crore from ₹55 crore in the corresponding quarter last year, impacted by exceptional items related to Bengaluru fire insurance, property tax assessment and gratuity liability adjustments.Revenue for the quarter rose 8.4% year-on-year to ₹301 crore from ₹278 crore, driven by strong performance at Grand Hyatt Mumbai, Andaz Delhi and Hyatt Regency Ahmedabad.

EBITDA increased 13.2% year-on-year to ₹132.2 crore from ₹116.7 crore in the year-ago period, while EBITDA margin expanded to 43.9% from 42.1%, reflecting improved operational efficiency.
Commenting on the performance, Chairman and Managing Director Arun Kumar Saraf said the company closed FY26 on a strong note, with annual revenue crossing ₹1,000 crore and profit after tax doubling to ₹141.6 crore.
He said key hotels delivered record performance during the year, aided by healthy average room rate growth and sustained travel demand despite global geopolitical uncertainties.The company also outlined expansion plans, stating that the recently acquired land parcel near Yashobhoomi in New Delhi is expected to add nearly 500 keys, taking its total inventory in the market to over 1,000 keys.

Juniper Hotels added that Westin Bengaluru is expected to commence operations soon, while upcoming projects in the Northeast are likely to add more than 1,400 keys over the next four years.

Separately, the board approved the acquisition of 100% equity share capital of Juniper Hospitality Assets Private Limited, which will become a wholly owned subsidiary upon completion of the transaction.

Ahead of the earnings announcement, shares of Juniper Hotels closed 0.24% higher at ₹200.50 on the NSE on Thursday.

Also Read: Vedanta says Supreme Court upholds ₹127 crore penalty against Talwandi Sabo Power

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