SAMHI’s hotel demand lifts revenue, but exceptional items drag profit down 59%

Revenue rose 15% and occupancy improved in the July-September quarter, but exceptional items helped cut net profit to ₹41.07 crore. The hotel operator plans to expand its portfolio by 1,669 rooms.

SAMHI Hospitality reported a sharp drop in quarterly profit even as demand indicators improved and revenue climbed, underscoring the impact of exceptional items on the bottom line. In the July-September quarter, the hotel operator’s consolidated net profit fell about 59% year on year to ₹41.07 crore, from ₹99.79 crore a year earlier, Business Standard reported, citing the company’s results. Revenue from operations rose 15% to ₹338.07 crore, while total income increased to ₹342.6 crore. The company’s own release said the weaker profit comparison was affected by exceptional items.

Operating performance remained healthier. According to the company’s press release and investor presentation, earnings before interest, tax, depreciation and amortisation rose nearly 12% to ₹123.7 crore, helped by stronger room demand. Occupancy improved to 78.6% from 75% a year earlier, while revenue per available room increased 14.3%, supported by 9.2% growth in average room rate. The company said these gains came despite geopolitical headwinds, indicating that travel demand remained resilient across its portfolio.

For the first half of FY27, SAMHI’s consolidated revenue from operations rose 13.8% to ₹643.28 crore, but net profit declined to ₹66 crore from ₹119.01 crore in the same period last year, Business Standard said. The company’s press release showed earnings before finance costs, depreciation, amortisation, exceptional items and tax of ₹225.89 crore for the six months, up from ₹216.08 crore a year earlier. That gap between operating growth and profit pressure suggests one-off or non-operating charges weighed on reported earnings.

Looking ahead, SAMHI said it expects the second half of the year to be operationally stronger, with higher incremental EBITDA likely to feed through to free cash flow and interest costs expected to remain steady. The group currently has 4,899 rooms in operation and plans to add or refurbish 1,669 rooms through a mix of expansion and new openings, which would lift its portfolio to 6,568 rooms. Its investor presentation said the pipeline is aimed at supporting growth across the midscale, upper-midscale, upper-upscale and leisure segments.

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