SAMHI Hotels Ltd reported a profit after tax of ₹48.1 crore for the third quarter ended December 31, 2025, marking a 111.3% increase year-on-year. The Mumbai-based hotel ownership platform announced its results on Wednesday, demonstrating resilient operating performance despite regulatory changes and airline industry disruptions.
The company's total income for the quarter rose 16.2% to ₹341.9 crore, while revenue per available room climbed 13.3% to ₹5,643. Occupancy rates stood at 73% during the quarter, reflecting strong demand recovery across the hospitality sector. EBITDA grew 13.2% to ₹126.3 crore, though the margin was impacted by approximately 2% due to changes in GST regulations.
According to reports from The Hindu BusinessLine, new GST regulations removed input tax credit for hotels with rates below ₹7,500, affecting near-term margins but expected to support long-term demand. Chairman and Managing Director Ashish Jakhanwala noted that excluding the GST impact, consolidated EBITDA would have grown 19.2% year-on-year.
For the nine-month period ending December 2025, SAMHI reported total income of ₹925.5 crore, up 13.5%, and profit of ₹167.1 crore, reflecting a substantial 321.7% increase. The company generated ₹300 crore of surplus cash on a trailing 12-month basis, which management said will fund ongoing growth projects.
The company continues work on expansion projects including W-Hyderabad and Westin Bengaluru. SAMHI operates 31 hotels with 4,904 keys across 14 cities through partnerships with Marriott, IHG and Hyatt. The results exclude Caspia Delhi, which was sold in August 2025 and is recognised under discontinued operations.
