Board Meeting Details

The Board meeting was held on 9th July 2026, commencing at 3:30 PM and concluding at 3:50 PM. This was a follow-up to the previous communication dated 3rd July 2026.

Unaudited Financial Results for Quarter Ended 30th June 2026

The Board approved the unaudited financial results for the quarter ended 30th June 2026:

Income Statement (₹ in lakhs):

  • Revenue from Operations: ₹94.91
  • Other Income: ₹102.84
  • Total Income: ₹197.75
  • Expenses: ₹14.28
  • Employee benefits expense: ₹7.74
  • Depreciation: ₹1.19
  • Other expenses: ₹5.35
  • Profit Before Tax: ₹183.47
  • Tax Expense: ₹36.48
  • Current Tax: ₹20.88
  • Deferred Tax: ₹15.60
  • Profit for the Period: ₹146.99
  • Total Comprehensive Income: ₹146.99

Comparative Performance:

  • Total Income increased from ₹186.39 lakhs in Q1 FY26 to ₹197.75 lakhs in Q1 FY27
  • Net Profit increased from ₹140.43 lakhs in Q1 FY26 to ₹146.99 lakhs in Q1 FY27
  • Earnings Per Share (Basic & Diluted): ₹3.88 (compared to ₹3.71 in Q1 FY26)

Capital Structure:

  • Paid-up Equity Share Capital: ₹378.75 lakhs (37,87,500 equity shares of ₹10 each)
  • Reserves (excluding revaluation reserves): Not provided for current quarter

Annual General Meeting and Dividend

  • The 44th Annual General Meeting will be held on Wednesday, 26th August 2026 through Video Conferencing/Other Audio-Visual Means
  • Final Dividend of ₹3 per equity share recommended by the Board on 23rd April 2026 for FY26
  • If declared by members at AGM, dividend will be paid between Thursday, 27th August 2026 and Wednesday, 2nd September 2026
  • Record Date fixed for dividend entitlement: Friday, 17th July 2026

Auditor's Review Report

Statutory auditors K C Mehta & Co LLP issued a clean limited review report stating:

  • Review conducted under SRE 2410 issued by ICAI
  • Nothing came to their attention suggesting material misstatement
  • The statement complies with Ind AS 34 and Regulation 33 requirements
  • Firm Registration No: 106237W/W100829
  • Review completed on 9th July 2026

Additional Information

  • The figures for preceding quarter (31st March 2026) are audited balancing figures
  • Full financial results available on company website (www.gujarathotelsltd.in) and BSE website (www.bseindia.com)
  • Company CIN: L55100GJ1982PLC005408