Board Meeting Details

The Board of Directors meeting was held on Wednesday, July 22, 2026, commencing at 04:00 PM and concluding at 05:10 PM.

Financial Results Approval

The Board approved the Un-audited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2026, and took note of the Limited Review Report issued by the statutory auditors, M/s. S N Dhawan & CO LLP, Chartered Accountants.

Standalone Financial Results (Rs. million)

Quarter Ended June 30, 2026 (Unaudited):

  • Revenue from operations: 190.11
  • Other income: 2.30
  • Total income: 192.41
  • Total expenses: 1,458.05
  • Profit before tax: 376.36
  • Tax expense: 102.89
  • Profit for the period: 273.47
  • Total comprehensive income: 277.86
  • Paid-up equity share capital: 723.95
  • Other equity: 6,719.97
  • Basic EPS: ₹4.19
  • Diluted EPS: ₹4.19

Comparative Figures:

  • Previous quarter (March 31, 2026, Unaudited): Revenue 154.09, Profit 73.03, EPS ₹2.66
  • Corresponding quarter (June 30, 2025, Audited): Revenue 1,763.15, Profit 373.08, EPS ₹5.75
  • Previous year (March 31, 2026, Audited): Revenue 5,797.45, Profit 501.83, EPS ₹9.25

Consolidated Financial Results (Rs. million)

Quarter Ended June 30, 2026 (Unaudited):

  • Revenue from operations: 1,901.12
  • Other income: 1.50
  • Total income: 1,902.62
  • Total expenses: 1,585.64
  • Profit before tax: 317.00
  • Tax expense: 95.56
  • Profit for the period: 221.44
  • Total comprehensive income: 234.73
  • Net profit attributable to owners: 217.13
  • Paid-up equity share capital: 723.95
  • Other equity: 6,168.78
  • Basic EPS: ₹3.49
  • Diluted EPS: ₹3.49

Comparative Figures:

  • Previous quarter (March 31, 2026, Unaudited): Revenue 1,540.87, Profit 80.15, EPS ₹2.76
  • Corresponding quarter (June 30, 2025, Audited): Revenue 1,763.15, Profit 76.80, EPS ₹5.36
  • Previous year (March 31, 2026, Audited): Revenue 5,797.45, Profit 521.43, EPS ₹8.02

Notes to Financial Results

  • The financial results were reviewed by the Audit Committee and approved by the Board of Directors
  • Prepared in accordance with Indian Accounting Standards (Ind AS)
  • Company completed IPO of 7,240,099 equity shares of face value ₹10 each at issue price of ₹808 per share
  • Comparative figures for preceding quarter ended March 31, 2026 are management certified and not subjected to limited review/audit
  • During the quarter, company granted unsecured loan of ₹472.95 million to wholly owned subsidiary located outside India, repayable after 5 years
  • Group advanced additional USD 6 million for upcoming vessel "SUN" as per arrangement with cruise owner, with delivery expected after March 31, 2027
  • Subsequent to quarter end, board approved stock split subject to shareholder approval: sub-division of existing ₹10 shares into ten ₹1 shares each
  • Company engaged in cruise lines, shipping, organizing and conducting cruises, tours, holidays, and related services

Auditor's Review

M/s. S N Dhawan & CO LLP issued limited review reports for both standalone and consolidated financial results, stating nothing came to their attention causing belief that the statements contain material misstatements. The review was conducted in accordance with SRE 2410.