Kamat Hotels Approves 168 Crore Investment In Pune Subsidiary

Q2 FY27 Consolidated Results YoY: Revenue at 83.7 Cr vs 75.1 Cr, up 11.5%. EBITDA at 22.4 Cr vs 9.6 Cr, up 132.0%. PAT turned profitable at 5.4 Cr vs loss of 2.2 Cr. EBITDA Margin at 26.7% vs 12.8%. Context: unusually strong for seasonally weak Q2. Board approved up to 168 Cr investment in wholly owned Orchid Hotels Pune via OCDs/NCDs. EBITDA margin expansion aided as Other expenses fell to 27.0 Cr vs 32.4 Cr, down 16.7% vs revenue growth of 11.5%.