Viceroy Hotels Q1 Net Profit Drops 80% YoY

Board Meeting Details

The Board of Directors meeting was held on Friday, July 31, 2026, at 11:00 A.M. at the registered office of the Company. The meeting concluded at 12:30 P.M.

Key Approvals and Outcomes

1. Un-Audited Financial Results (Standalone and Consolidated) for the Quarter ended 30.06.2026 were approved

2. Limited Review Report (Standalone and Consolidated) for the Quarter ended 30.06.2026 was approved

3. Notice of the 61st Annual General Meeting (AGM) and Directors' Report for the Financial Year 2025-26 was approved

4. Annual General Meeting for FY 2025-26 scheduled for Thursday, September 10, 2026, at 11:00 a.m. through video conference or other audio-visual means

5. Appointment of Ms. S.S. Reddy & Associates, Practicing Company Secretaries as Scrutinizer to the Annual General Meeting

Standalone Financial Results (Quarter ended June 30, 2026)

Revenue from Operations: ₹3,273.92 lakhs
Other Income: ₹319.08 lakhs
Total Income: ₹3,593.00 lakhs
Total Expenses: ₹3,483.43 lakhs
Cost of materials consumed: ₹315.80 lakhs
Employee benefits expenses: ₹663.16 lakhs
Finance costs: ₹436.60 lakhs
Depreciation and amortization expense: ₹413.56 lakhs
Other expenses: ₹1,654.31 lakhs
Profit Before Tax: ₹109.57 lakhs
Income Tax Expenses: ₹(5.80) lakhs (deferred tax income)
Profit for the Period: ₹115.37 lakhs
Earnings Per Share (Basic & Diluted): ₹0.17
Paid-up Equity Share Capital: ₹6,757.89 lakhs (Face value ₹10 each)
Other Equity: ₹19,406.38 lakhs

Consolidated Financial Results (Quarter ended June 30, 2026)

Revenue from Operations: ₹4,490.19 lakhs
Other Income: ₹29.25 lakhs
Total Income: ₹4,519.44 lakhs
Total Expenses: ₹4,381.76 lakhs
Cost of materials consumed: ₹388.35 lakhs
Employee benefits expenses: ₹857.32 lakhs
Finance costs: ₹544.90 lakhs
Depreciation and amortization expense: ₹496.28 lakhs
Other expenses: ₹2,094.91 lakhs
Profit Before Tax: ₹137.68 lakhs
Income Tax Expenses: ₹(7.18) lakhs
Profit for the Period: ₹144.86 lakhs
Earnings Per Share (Basic & Diluted): ₹0.21
Paid-up Equity Share Capital: ₹6,757.89 lakhs (Face value ₹10 each)
Other Equity: ₹19,436.63 lakhs

Rights Issue Proposal

The Board of Directors at its meeting held on June 29, 2026, approved a proposal to raise funds through Rights Issue to existing equity shareholders:

Objective: Meet compliance with Minimum Public Shareholding (MPS) requirements
Current Shareholding: Public shareholding 15.89%, Promoter shareholding 84.11%
Required MPS: Minimum 25% public shareholding as per Rule 19(2)(b) and 19A of Securities Contracts (Regulation) Rules, 1957, and Regulation 38 of SEBI LODR
Issue Size: Up to ₹10,700 lakhs (₹107 crores)

Auditor Review

MSKC & Associates LLP, Chartered Accountants (ICAI Firm Registration Number: 0015955/5000168) conducted limited review of both standalone and consolidated financial results and issued unmodified review reports dated July 31, 2026.

Segment Information

The Company operates in a single reportable segment: "Hoteliering"

Subsidiary Information

The consolidated results include SLN Terminus Hotels & Resorts Private Limited, a wholly owned subsidiary.

Financial Results Availability

The financial results are available on the Company's website (www.viceroyhotels.in) and on BSE (www.bseindia.com) and NSE (www.nseindia.com) websites.

Key Comparative Standalone Figures