TAJGVK Hotels & Resorts Ltd on Monday (October 13) announced that it has signed a Hotel Management Agreement with Indian Hotels Company Limited (IHCL) for its upcoming five-star luxury hotel in Yelahanka, Bengaluru.

Under the agreement, IHCL will manage the new property for a period of 20 years from the date the hotel opens.

First Quarter Results

TajGVK Hotels reported a 10.6% rise in its consolidated profit after tax to ₹28.6 crore for the fourth quarter of FY25. The company had reported a PAT of ₹25.85 crore in the January-March quarter of FY24.

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Its total revenue for the quarter stood at ₹130.59 crore against ₹116.69 crore a year ago. The total expenses in the quarter also rose to ₹

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