Advent Hotels clocks net loss of Rs 1.21 crore in Q2

Net sales increased by 1.9% year-over-year (YoY) to Rs 76.98 crore in the second quarter.

Total operating expenditure added up to Rs 65.96 crore, up 20.9% YoY.

The company posted a pre-tax loss of Rs 2.80 crore in Q2 FY26 as against a pre-tax loss of Rs 1.20 crore registered in Q2 FY25.

The firm wrote back taxes aggregating to Rs 1.59 crore in Q2 FY26. It had recorded a tax outgo of Rs 9.86 crore in Q2 FY25.

Advent Hotels specializes in the creation and ownership of luxury and upper-upscale hotels in prime micro-markets.

The scrip had surged 4.08% to end at Rs 236.10 on the BSE on Friday.