Royal Orchid Hotels: Weak Q2 Profit Hit by Mumbai Launch, But Analysts See Huge Growth Potential!

Overview

Royal Orchid Hotels reported a 43% dip in Q2FY26 net profit due to pre-opening costs and higher depreciation/interest for its Iconiqa, Mumbai property. Despite this, revenue rose 12% driven by improved ARRs. Analysts recommend 'Add', citing aggressive expansion plans and a favorable industry up-cycle, with strong future growth prospects.