Apeejay Surrendra Park Hotels Limited (ASPHL) has announced financial results for the quarter ended 30th June 2025
Revenue from operations stood at Rs. 154 crore in Q1 FY26, up 14% YoY, while Operating EBITDA was Rs. 45 crore, up 16% YoY. Net profit for the quarter was Rs. 13 crore. ASPHL achieved industry-leading occupancy of 92% in Q1 FY26, maintaining its leadership in the hospitality sector.
ASPHL’s growth is driven by its continued expansion into additional markets, particularly in Tier 2 and Tier 3 regions. ASPHL recently entered into an MoU to acquire and manage four leisure properties in Goa, Manali, Shimla, and Dharamshala, adding a total of 138 rooms under its brand. These initiatives further strengthen the Company’s strategy to broaden its footprint in high-potential tourism destinations. ASPHL is on track to more than double its key count to 5,750 over the next five years.
Flurys, the Company’s iconic bakery and confectionery brand, now operates 102 outlets and is well positioned for further expansion. Flurys’ consistent network growth reflects the Company’s strategic objective to broaden its market presence and serve a diverse customer base, while integrating contemporary amenities with rich cultural heritage across its establishments.
Commenting on the Q1FY26 performance Vijay Dewan, Managing Director, Apeejay Surrendra Park Hotels, said, “We have delivered an extra ordinary and best ever Q1, setting a strong momentum for the year ahead. At the operating level the company recorded a topline growth of 14% and an EBIDTA growth of 16%. We recorded India’s highest occupancy of 92% and maintained our leadership in RevPAR in the upper upscale segment. During the course of the quarter ARR improved by 13% and RevPar increased by 12%. Powered by accelerated increase of close to 600 rooms which includes 41% increase in asset light model, a nationwide Flurys rollout we are set to scale faster, protect and improve our margins and deliver expectational shareholder value”.
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