Benares Hotels revenue jumps 35% in June quarter; new CFO appointed
Revenue at ₹33.89 cr from ₹25.01 cr a year ago. PAT up 9% to ₹8.25 cr. Thomas Kunjukunju takes over as CFO.
— 1 earlier story on Benares Hotels Ltd. →What's new
- Revenue up 35% to ₹33.89 crore from ₹25.01 crore a year ago.
- Profit after tax rises 9% to ₹8.25 crore from ₹7.58 crore.
- Thomas Kunjukunju appointed as CFO, filling a vacancy since the previous CFO resigned in May.
Why this matters
The revenue jump is strong, but profit growth at 9% suggests higher costs absorbed the rest. The CFO appointment ensures continuity in finance leadership at a debt-free company.
What we're watching
- Cost trends in upcoming quarters: can the company improve profit conversion?
- Peak season demand in Q3 and whether revenue momentum sustains.
- Any strategic updates from the new CFO.
The full read
Benares Hotels delivered a 35% revenue jump in the June quarter to ₹33.89 crore, a strong rebound after a trailing period of declining revenue. Profit after tax rose to ₹8.25 crore, up 9% -- solid, but well behind the top-line surge. The board quickly filled the CFO vacancy with Thomas Kunjukunju, effective July 14, after the May resignation. The company is debt-free with a trailing ROE of 20.3% and a market cap of ₹1,356 crore. But profit growth lagged. This is a solid earnings release, not an exceptional one: backward-looking numbers and moderate profit expansion keep it from being a game-changer.
Questions answered
- How did Benares Hotels perform in the June quarter?
- Revenue from operations jumped 35% to ₹33.89 crore, while profit after tax rose 9% to ₹8.25 crore.
- Who is the new CFO and when was he appointed?
- Thomas Kunjukunju was appointed as CFO with effect from July 14, 2026, after the previous CFO resigned in May.
- What is the company's debt level?
- The company has zero debt as per trailing data, with a debt-to-equity ratio of 0.00.
- How does this quarter compare to the trailing trend?
- The trailing twelve-month revenue had declined 1.1% and PAT fell 4.4%, making this quarter a sharp reversal with 35% revenue growth.
Benares Hotels Ltd.
Latest quarter · Jun 2026
Strength & growth
Story so far
All notes on BENARAS →- 14 Jul 2026 · 6:17 PM IST Benares Hotels revenue jumps 35% in June quarter; new CFO appointed
- 14d ago Benares Hotels posts 31% revenue jump on new Taj Ganges rooms