TAJGVK2024-01-012024-03-31 TAJGVK2024-01-012024-03-31 TAJGVK2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member TAJGVK2024-01-012024-03-31in-bse-fin:OneOperatingExpenses02Member TAJGVK2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member TAJGVK2024-01-012024-03-31in-bse-fin:FourOperatingExpenses02Member TAJGVK2024-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532390 TAJGVK NOTLISTED Taj GVK Hotels & Resorts Limited Equity 2023-04-01 2024-03-31 2024-05-23 2024-05-06 INR Lakhs Yearly 10:30:00 12:40:00 2024-05-23 2024-05-23 true Cash Flow Indirect Declaration of unmodified opinion Single segment Single segment 2024-01-01 2024-03-31 Audited Consolidated 1158400000.00 8500000.00 1166900000.00 95600000.00 0.00 0.00 228100000.00 33200000.00 33200000.00 425800000.00 815900000.00 351000000.00 0.00 351000000.00 90000000.00 2500000.00 92500000.00 0.00 258500000.00 0.00 0.00 0.00 53600000.00 312100000.00 -100000.00 312000000.00 0.00 0.00 125400000.00 2 4.98 4.98 0.00 0.00 4.98 4.98 0.00 0.00 Notes: 1. The Standalone and Consolidated Audited Financial results were considered and recommended by the Audit Committee and Board of Directors at their meetings held on 22nd May, 2024 and 23rd May, 2024 respectively and approved and taken on record the same. 2. The consolidated profits for the quarter and year ended 31st March 2024 include the company’s share of profits in the jointly controlled entity, Green Woods Palaces and Resorts Private Limited, which operates the Taj Santacruz Hotel, Mumbai. 3. The figures for the 4th quarter ended March 31, 2024 and March 31, 2023 are arrived at as a difference between the audited figures in respect of the full financial year and the published unaudited figures up to nine months of the relevant financial year. 4. As part of the Company’s policy to renovate / refurbish hotels to achieve the best in class customer satisfaction, the Company has undertaken renovation of guest and public areas at Hotel Taj Krishna, Taj Deccan, Hyderabad and Taj Chandigarh. An amount of Rs.448 lakhs and Rs.2056 lakhs was spent during the quarter and year under review, respectively. 5. The licence agreement for Taj Banjara hotel, Hyderabad expired and the commercial terms for renewal of the Taj Banjara License Agreement with Hotel Banjara Limited (Owners of Hotel Taj Banjara) could not be finalized. Hence, the company has completed the formalities as per the License agreement and handed over the hotel back to M/s Hotel Banjara Limited, New Delhi in November 2023. The Company received Rs.98 lakhs towards the sale of fixed/moveable assets handed over to Hotel Banjara Limited as per licence agreement as against a carrying value of Rs.178 lakhs. The turnover of the Company in the previous year from Taj Banjara Hotel for the quarter and year include Rs.4 crores and Rs.21 crores respectively. 6. The Company’s only business being hoteliering, disclosure of segment-wise information under Indian Accounting Standard (AS) 108 Operating Segments does not arise. There is no geographical segment to be reported since all the operations are undertaken in India. 7. Figures of the previous period have been regrouped to align to the current period of presentation and to conform to the amended Schedule III of the Companies Act, 2013. 8. The standalone and consolidated results for the quarter and year ended 31st March, 2024 are available on the Bombay Stock Exchange website (URL: www.bseindia.com), the National Stock Exchange website (URL: www.nseindia.com) and on the Company's website (URL: www.tajgvk.in). Hyderabad May 23, 2024 By Order of the Board For TAJ GVK Hotels & Resorts Limited G INDIRA KRISHNA REDDY Managing Director DIN – 00005230 Single segment 2023-04-01 2024-03-31 Audited Consolidated 4079900000.00 29000000.00 4108900000.00 363700000.00 0.00 0.00 767400000.00 129400000.00 139500000.00 1658400000.00 3058400000.00 1050500000.00 0.00 1050500000.00 307000000.00 -500000.00 306500000.00 0.00 744000000.00 0.00 0.00 0.00 183000000.00 927000000.00 -100000.00 926900000.00 0.00 0.00 125400000.00 2 0.00 14.78 14.78 0.00 0.00 14.78 14.78 0.00 0.03 Fuel, Power and Light 66800000.00 Other Expenses 359000000.00 Fuel, Power and Light 274700000.00 Other Expenses 1383700000.00 4141300000.00 786900000.00 1156800000.00 0.00 278500000.00 1500000.00 0.00 0.00 36700000.00 36700000.00 0.00 269000000.00 6670700000.00 72100000.00 0.00 191000000.00 732100000.00 0.00 0.00 124900000.00 1048000000.00 384800000.00 1504900000.00 8175600000.00 125400000.00 5352100000.00 5477500000.00 5477500000.00 287800000.00 19100000.00 306900000.00 0.00 586900000.00 472900000.00 1366700000.00 353800000.00 736600000.00 90700000.00 1181100000.00 120800000.00 29500000.00 1331400000.00 2698100000.00 8175600000.00 0.00 7300000.00 38700000.00 0.00 0.00 36100000.00 78000000.00 0.00 0.00 7900000.00 -9000000.00 0.00 0.00 139600000.00 10400000.00 0.00 0.00 23800000.00 11400000.00 0.00 0.00 0.00 0.00 0.00 -183000000.00 0.00 0.00 1000000.00 -260000000.00 268200000.00 1318700000.00 0.00 -129400000.00 -20600000.00 266700000.00 77000000.00 1237800000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 9800000.00 0.00 0.00 389100000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 11000000.00 0.00 0.00 0.00 -368300000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 332400000.00 0.00 0.00 62700000.00 81100000.00 42900000.00 0.00 -519100000.00 350400000.00 0.00 350400000.00 380500000.00 730900000.00 100000.00 100000.00