Board Meeting Details
The Board meeting was held on Tuesday, July 21, 2026, commencing at 2:00 p.m. (IST) and concluding at 4:30 p.m. (IST).
Standalone Financial Results (₹ lakhs)
Quarter Ended June 30, 2026 (Reviewed):
- Revenue from Operations: 123,200
- Other Income: 6,560
- Total Income: 129,760
- Total Expenses: 85,008
- Profit Before Exceptional Items and Tax: 44,752
- Profit Before Tax: 44,752
- Total Tax Expense: 11,034
- Profit After Tax: 33,718
- Other Comprehensive Income (net of tax): 14,998
- Total Comprehensive Income: 48,716
- Earnings Per Share (Basic and Diluted): ₹2.37*
Comparative Figures (Quarter Ended June 30, 2025):
- Revenue from Operations: 104,459
- Profit After Tax: 24,458
- EPS: ₹1.72*
Year Ended March 31, 2026 (Audited):
- Revenue from Operations: 537,955
- Profit After Tax: 201,194
- EPS: ₹14.13
Consolidated Financial Results (₹ lakhs)
Quarter Ended June 30, 2026 (Reviewed):
- Revenue from Operations: 233,919
- Other Income: 8,018
- Total Income: 241,937
- Total Expenses: 188,604
- Profit Before Exceptional Items and Tax: 53,333
- Profit Before Tax: 53,333
- Total Tax Expense: 14,240
- Profit After Tax Before Share of Associates and Joint Ventures: 39,093
- Share of Profit/(Loss) of Associates and Joint Ventures: (12)
- Profit for the period: 39,081
- Total Comprehensive Income: 62,862
- Profit Attributable to Owners: 35,790
- EPS: ₹2.51*
Comparative Figures (Quarter Ended June 30, 2025):
- Revenue from Operations: 204,108
- Profit for the period: 32,932
- EPS: ₹2.08*
Year Ended March 31, 2026 (Audited):
- Revenue from Operations: 968,922
- Profit for the period: 224,725
- EPS: ₹14.64
Segment-wise Performance (Consolidated)
Quarter Ended June 30, 2026:
- Hotel Services Revenue: 204,497
- Hotel Services Segment Results: 48,804
- Air and Institutional Catering Revenue: 29,624
- Air and Institutional Catering Segment Results: 4,529
- Total Segment Results: 53,333
Acquisition Details
On April 21, 2026, the Company together with its step-down subsidiaries ANK Hotels Private Limited and Pride Hospitality Private Limited completed the acquisition of a 51% equity stake (on a fully diluted basis) in Brij Hospitality Private Limited for an aggregate consideration of ₹221.82 crore (including contingent consideration of ₹28.62 crore). The acquisition comprised approximately ₹126.82 crore by the Company, ₹34.01 crore by ANK, and ₹60.99 crore by Pride.
The acquisition involved purchase of shares from existing shareholders along with primary investment through Compulsorily Convertible Preference Shares (CCPS) and partly paid-up equity shares. Brij has become a subsidiary of the Company. Provisional goodwill of ₹92.76 crore has been recognized representing the excess of consideration over provisional fair value of identifiable net assets acquired.
Notes to Financial Results
- Figures for quarter ended March 31, 2026 are derived from unaudited financial information for nine months ended December 31, 2025
- Exceptional items for year ended March 31, 2026 included profit on sale of equity stake in joint venture (₹39,883 lakhs), key money for management contracts (₹-2,950 lakhs), and various provisions
- Disclosure of segment-wise information is not applicable for standalone results as hoteliering is the only business segment