LGT Global Hospitality H1FY27 Net Profit Drops 48.4% as Costs Outpace 13.5% Revenue Growth

LGT Global Hospitality reported standalone net profit of ₹190.59 lakh for the half year ended September 30, 2026, down 48.4% from ₹369.55 lakh a year earlier, ScanX reported on November 11, 2026. Revenue from operations rose 13.5% to ₹8,011.12 lakh in the same period.

Inside LGT Global Hospitality's H1FY27 Results

The Chennai-based travel and hospitality firm operates through tour packages and accommodation services. Tour packages contributed ₹6,407.58 lakh to revenue, up from ₹5,741.23 lakh in H1FY26, while accommodation services generated ₹1,603.54 lakh, up from ₹1,315.79 lakh.

Profit before tax fell 50.1% to ₹235.07 lakh from ₹470.62 lakh. Employee benefit expenses rose 23.9% to ₹773.86 lakh, and financial costs climbed 56.6% to ₹84.41 lakh. Total expenses grew 18.3% to ₹7,828.73 lakh, outpacing revenue growth.

Cash flow from operations was negative at ₹28.92 lakh for the period, compared with a ₹326.29 lakh outflow in the full FY26. The board recommended a dividend of ₹0.25 per equity share of face value ₹10 each for FY27, which shareholders approved at the Annual General Meeting held on September 30, 2026.

LGT Global Hospitality's Rename and Branch Network

According to akta.pro company records, LGT Global Hospitality was renamed from LGT Business Connextions Limited after Ministry of Corporate Affairs approval, with the Registrar of Companies issuing a fresh Certificate of Incorporation dated April 22, 2026. The company was founded in 2016 with four employees in Chennai and became a public limited company in 2024. It operates across 10 Indian cities, including Chennai, Cochin, Hyderabad, Bangalore, Mumbai, Delhi, Vijayawada, Coimbatore and Nagercoil, and opened a New Delhi branch office in 2025.

Shareholder Approvals Before the Results

At the September 30, 2026 AGM, shareholders approved ₹130 crore in aggregate related party transaction limits for three subsidiaries, ScanX reported on October 26, 2026. The same meeting approved loans, guarantees or securities of up to ₹20 crore for each of three subsidiaries under Section 185 of the Companies Act, 2013.

In September 2026, ScanX reported that the AGM sought approval to extend IPO proceeds utilization to FY27, with ₹4.97 crore unutilized for capital expenditure and working capital.

What Comes Next for LGT Global Hospitality

The dividend of ₹0.25 per equity share for FY27 was approved by shareholders at the AGM on September 30, 2026. The company's own site lists its travel and hospitality offerings.