Graviss Hospitality Limited announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026 (Q1 FY2027) pursuant to Regulation 33 of SEBI Listing Regulations. The Board of Directors approved the results at their meeting held on August 11, 2026.
Standalone Financial Performance (Rs in Lakhs)
- Total Income: Rs 1,365 lakhs for Q1 FY27 (compared to Rs 1,136 lakhs in Q1 FY26 and Rs 6,187 lakhs for FY26)
- Revenue from Operations: Rs 1,343 lakhs
- Other Income: Rs 22 lakhs
- Total Expenses: Rs 1,477 lakhs
- Purchases: Rs 142 lakhs
- Changes in Stock: Rs 14 lakhs
- Employee benefits expenses: Rs 336 lakhs
- Finance Cost: Rs 9 lakhs
- Depreciation and Amortization Expenses: Rs 172 lakhs
- Power, Fuel and Water: Rs 77 lakhs
- Other expenses: Rs 727 lakhs
- Profit before tax: Loss of Rs 112 lakhs (compared to loss of Rs 217 lakhs in Q1 FY26)
- Tax expenses: Deferred tax credit of Rs 12 lakhs
- Net loss for the period: Rs 100 lakhs
- Earnings Per Share: Basic and Diluted EPS of (Rs. 0.14) per share
- Paid up Equity Share Capital: Rs 1,410 lakhs (unchanged)
- Face value of equity share: Rs 2
Consolidated Financial Performance (Rs in Lakhs)
- Total Income: Rs 1,574 lakhs for Q1 FY27
- Total Expenses: Rs 1,739 lakhs
- Profit before tax: Loss of Rs 165 lakhs
- Tax expenses: Deferred tax credit of Rs 12 lakhs
- Net loss for the period: Rs 152 lakhs
- Earnings Per Share: Basic EPS of (Rs. 0.22) per share
- Paid up Equity Share Capital: Rs 1,410 lakhs (unchanged)
Key Notes and Emphasis Matters
1. The hospitality business is the Company's only reportable business segment for both standalone and consolidated results.
2. Emphasis of Matter: The auditors highlighted that three subsidiaries (Graviss Catering Private Limited, Graviss Hotels and Resorts Limited, and Graviss Restaurants Private Limited) have accumulated losses that exceeded their net worth as at June 30, 2026. Management believes the subsidiaries will be able to get regular orders and are exploring alternative business plans, and therefore considers that there is no diminution in the value of investments in the subsidiaries and that loans given to subsidiaries are considered good for recovery.
3. The figures for the quarter ended March 31, 2026 are balancing figures between audited annual figures and published unaudited year-to-date figures up to the third quarter of the previous financial year.
4. The financial results were reviewed by the Audit Committee of the Board of Directors on August 11, 2026, and subjected to limited review by the statutory auditors, A. T. Jain & Co. Chartered Accountants.
5. The consolidated results include the financials of three subsidiaries: Graviss Catering Private Limited, Graviss Hotels and Resorts Limited, and Graviss Restaurants Private Limited.