**Business Performance:** The company posted its 17th consecutive best-ever quarter, with Consolidated Revenue up 15% YoY to ₹2,419 Cr and Enterprise Revenue up 14% to ₹4,100 Cr.

Consolidated EBITDA surged 18% to ₹753 Cr, and PAT climbed 21% to ₹358 Cr.

The Hotel Segment was a key driver, seeing 17% revenue growth, while Air Catering was impacted by weak traffic.

Domestic hotels delivered a strong 14% YoY RevPAR growth. **Growth Drivers or Strategy:** Aggressive expansion is underway, with 60+ hotels slated to open in FY27. Asset management through 300+ renovated keys is boosting pricing power across key cities.

Digital initiatives via Tata Neu are deepening customer engagement, showing 61% growth in loyalty points earning revenue. **Recent Developments:** Q1 saw 11 new hotel openings, including Taj Hessischer Hof in Frankfurt.

Another 14 hotels are expected to open in Q2. Acquisitions like Brij Hotels are already contributing meaningfully. **Management Commentary / Outlook:** Management is confident in delivering double-digit growth for FY27, banking on resilient domestic demand, upcoming MICE events, and numerous wedding dates.

The company is well-positioned with over ₹4,400 Cr in cash for strategic investments and continued expansion.