The Board Meeting commenced at 12:30 PM and concluded at 1:51 PM.
Standalone Financial Results (Rs. in Lakhs)
Quarter Ended June 30, 2026:
- Revenue from Operations: ₹2774.74
- Other Income: ₹40.80
- Total Income: ₹2815.54
- Total Expenses: ₹2568.04
- Profit before tax: ₹247.50
- Total Tax Expense: ₹93.72 (Current tax: ₹0.00, Deferred tax: ₹93.72)
- Profit for the period: ₹153.78
- Other Comprehensive Income: ₹0.99
- Total Comprehensive Income: ₹154.77
- Basic Earnings Per Share: ₹0.67
- Diluted Earnings Per Share: ₹0.67
- Paid Up Equity Share Capital: ₹2323.37 (Face value ₹10 per share)
Comparative Figures:
- Quarter Ended March 31, 2026: Revenue ₹3297.29, Profit ₹354.72, EPS ₹1.54
- Quarter Ended June 30, 2025: Revenue ₹2376.34, Profit ₹38.18, EPS ₹0.18
- Year Ended March 31, 2026: Revenue ₹11692.63, Profit ₹1170.38, EPS ₹5.19
Expense Breakdown (Quarter Ended June 30, 2026):
- Cost of materials consumed: ₹254.13
- Employee benefit expense: ₹641.97
- Finance costs: ₹333.17
- Depreciation and amortization expense: ₹205.31
- Other expenses: ₹1133.46
Consolidated Financial Results
The consolidated results include one associate: Parsvnath HB Projects Private Limited (49% shareholding). The associate contributed Group Share of net profit of ₹Nil and total comprehensive income of ₹Nil for the quarter ended June 30, 2026. The associate's interim financial results were not reviewed by their auditor and were considered not material to the group.
Key Notes and Disclosures
1. The financial results were reviewed by the Audit Committee and approved by the Board of Directors on August 3, 2026.
2. The results were prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013.
3. The Government of India notification dated November 21, 2025, implemented four new labor codes (Code on Wages, 2019; Industrial Relations Code, 2020; Code on Social Security, 2020; Occupational Safety, Health and Working Conditions Code, 2020) which consolidate 29 existing labor laws. The central rules became effective from May 8, 2026.
Based on the assessment carried out by the Company and guidance from ICAI, the incremental impact of these changes on employee benefits liability has been recognized in the financial year ended March 31, 2026. The Company will continue to monitor developments and evaluate any future impact.
4. The financial figures for the quarter ended March 31, 2026, are balancing figures between audited full-year figures and unaudited year-to-date figures up to the third quarter ended December 31, 2025.
5. Statutory Auditors M/s N.C. Aggarwal & Co. carried out a limited review of the financial results under Regulation 33 of SEBI LODR Regulations, 2015, and expressed an unmodified opinion.
6. The Company has only one reportable primary segment: Hospitality business.
7. Figures have been regrouped/reclassified wherever necessary to facilitate comparison.