Best Eastern Hotels Limited disclosed its unaudited standalone financial results for the quarter ended 30th June, 2026 following a Board of Directors meeting held on 13th August, 2026. The disclosure was made pursuant to Regulation 30 and 33 of the SEBI Listing Regulations.

The Board meeting commenced at 02:30 PM and concluded at 03:30 PM on 13th August, 2026. The Audit Committee reviewed the results in their meeting held on the same date before recommending them to the Board.

Financial Performance (Quarter Ended 30th June, 2026)

Income Statement (Rs. in Lakhs):

  • Revenue from operations: ₹194.87 (compared to ₹106.77 in Q4 FY26 and ₹180.31 in Q1 FY25)
  • Other income: ₹4.60 (compared to ₹3.40 in Q4 FY26 and ₹2.46 in Q1 FY25)
  • Total income: ₹199.47 (compared to ₹110.17 in Q4 FY26 and ₹182.77 in Q1 FY25)

Expenses Breakdown (Rs. in Lakhs):

  • Food and beverages consumed: ₹28.71
  • Employee benefits expense: ₹59.87
  • Finance costs: ₹3.73 (significantly reduced from ₹16.93 in Q4 FY26)
  • Depreciation and amortization: ₹11.75
  • Power & fuel expenses: ₹19.85
  • Other expenses: ₹44.81
  • Total expenses: ₹168.71

Profitability Metrics:

  • Profit before exceptional items and tax: ₹30.75 (compared to loss of ₹54.76 in Q4 FY26 and profit of ₹18.14 in Q1 FY25)
  • Profit before tax: ₹30.75
  • Tax expense: ₹1.20 (comprising deferred tax of ₹1.20)
  • Net profit after tax: ₹29.55 (compared to net loss of ₹54.40 in Q4 FY26 and net profit of ₹10.44 in Q1 FY25)

Other Comprehensive Income:

  • Remeasurement of defined benefit plans: ₹0.73
  • Income tax relating to items not reclassified: (₹0.18)
  • Total other comprehensive income (net of tax): ₹0.55
  • Total comprehensive income for the period: ₹30.10

Capital Structure:

  • Paid-up equity share capital (face value ₹1 each): ₹168.50 lakh (unchanged from previous periods)

Earnings Per Share:

  • Basic EPS: ₹0.18 (compared to negative ₹0.32 in Q4 FY26 and ₹0.06 in Q1 FY25)
  • Diluted EPS: ₹0.18

Notes to Financial Results

1. The financial results were reviewed by the Audit Committee and approved by the Board of Directors on 13th August, 2026. The statutory auditors provided an unmodified conclusion.

2. The results were prepared in accordance with Ind AS 34 "Interim Financial Reporting" and other accounting principles generally accepted in India.

3. The company noted that Q1 results are not indicative of full year performance due to the seasonal nature of the Indian hotel industry.

4. The company operates in a single business segment: Hospitality.

5. Figures for the quarter ended March 31, 2026 are balancing figures between audited full-year figures and year-to-date unaudited figures up to the third quarter ended December 31, 2025.

6. Previous year/period figures have been regrouped/rearranged where necessary.

Auditor's Review

GMJ & Co, Chartered Accountants (FRN: 103429W), represented by CA Amit Maheshwari (Partner, M. No.: 428706), provided an independent limited review report. They conducted the review in accordance with SRE 2410 and expressed that nothing came to their attention suggesting material misstatement in the financial results. The auditors noted that comparative figures for Q4 FY26 are balancing figures between audited annual figures and reviewed quarterly figures.

The financial results are available on the company's website: www.ushaascot.com.