Blue Coast Hotels reported audited FY26 standalone net loss of Rs 208.07 lakh with negative net worth of Rs 1,894.32 lakh.
Auditors highlighted material uncertainty over going concern due to recurring losses and default on Rs 1,037.16 lakh preference share obligations.
The company settled SEBI proceedings for Rs 89.37 lakh and continues litigation over Goa hotel property auction proceeds of Rs 8,500 lakh.
Board approved FY26 results with unmodified audit opinion but with emphasis on going concern and default matters.