Q2 and H1 FY 2026-2027 results: revenue, EBITDA and profit all higher
Benares Hotels Ltd reported Q2 FY 2026-2027 revenue of INR 32.8 Cr, EBITDA of INR 11.5 Cr and PAT of INR 6.6 Cr.
By ScoutQuest · · 2 min read
- Q2 Revenue
- INR 32.8 Cr
- Q2 EBITDA
- INR 11.5 Cr
- Q2 PAT
- INR 6.6 Cr
Results for the quarter and half year ended September 30, 2026
The company put out a press release along with its results for the second quarter and first half of FY 2026-2027. Benares Hotels Ltd (BHL) is a subsidiary of The Indian Hotels Company Limited (IHCL). It operates Taj Ganges and Taj Nadesar Palace in Varanasi and Ginger, Gondia in Maharashtra.
Quarter at a glance (Q2 FY 2026-2027 vs Q2 FY 2025-2026)
- Revenue: INR 32.8 Cr against INR 25.5 Cr
- EBITDA: INR 11.5 Cr against INR 9.9 Cr
- Profit after tax: INR 6.6 Cr against INR 6.1 Cr
Half year at a glance (H1 FY 2026-2027 vs H1 FY 2025-2026)
- Revenue: INR 68.0 Cr against INR 52.3 Cr
- EBITDA: INR 25.3 Cr against INR 21.7 Cr
- Profit after tax: INR 14.8 Cr against INR 13.7 Cr
How management describes it
Dr. Anant Narain Singh, Chairman, Benares Hotels Limited, said that BHL for the second quarter reported a 29% growth in revenue at INR 32.8 crores, EBITDA of INR 11.5 crores with a healthy EBITDA margin of 35% and PAT of INR 6.6 crores. He described the 30% growth in revenue in the first half at INR 68 crores, with an EBITDA of INR 25.3 crores and PAT of INR 14.8 crores, as reflective of market demand and the resultant absorption of additional inventory at Taj Ganges. He added that this performance will be surpassed in the seasonally strong quarters ahead.
The last part is a forward-looking statement by management; actual outcomes can differ.
Key highlights in the release
- IHCL's brand Taj is ranked India's Strongest Brand 2026 and World's Strongest Luxury Hotel Brand 2026 as per Brand Finance-UK.
- Taj Ganges and Taj Nadesar Palace hosted the FHRAI convention for 2026.
- Taj Nadesar Palace is the recipient of the Michelin Golden Key for the second year.
What a retail investor can take away
The release is a results-led update: revenue, EBITDA and profit after tax are all higher on a year-on-year basis for both the quarter and the half year. The quoted EBITDA margin of 35% and the revenue growth figures of 29% (quarter) and 30% (half year) are the company's own descriptions of the period. The brand and award mentions relate to recognition for the IHCL 'Taj' brand and the company's Varanasi properties.
Also from Benares Hotels
Board Outcome: H1 FY27 results taken on record, director appointed, director's resignation noted
16 Oct 2026
Board meeting on October 16, 2026 to take on record unaudited September quarter results
9 Oct 2026
More numbers
- Q2 FY 2026-2027 revenueINR 32.8 Cr
- Q2 FY 2026-2027 EBITDAINR 11.5 Cr
- Q2 FY 2026-2027 profit after taxINR 6.6 Cr
- H1 FY 2026-2027 revenueINR 68.0 Cr
- H1 FY 2026-2027 EBITDAINR 25.3 Cr
- H1 FY 2026-2027 profit after taxINR 14.8 Cr
- EBITDA margin cited for Q235%
- Revenue growth cited for Q229%
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