Financial Results for Quarter Ended 30 September 2026

Income Statement Highlights (₹ in lakhs):

  • Revenue from operations: ₹7.91 (compared to ₹40.44 in previous quarter Q1 FY27 and ₹9.17 in Q2 FY26)
  • Other Income: ₹0.36 (compared to ₹3.17 in Q1 FY27 and -₹0.02 in Q2 FY26)
  • Total Revenue: ₹8.27 (compared to ₹43.61 in Q1 FY27 and ₹9.15 in Q2 FY26)

Expenditure Breakdown:

  • Cost of materials consumed: ₹2.49
  • Changes in inventories: -₹0.06
  • Employee benefits expense: ₹3.64
  • Depreciation: ₹2.35
  • Other expenses: ₹7.46
  • Total Expenditure: ₹15.88

Profit/Loss Position:

  • Loss from operations before finance costs: -₹7.61
  • Finance Costs: ₹0.01
  • Loss from ordinary activities: -₹7.62
  • Profit before tax: -₹7.62
  • Tax Expense: ₹0.00 (both current and deferred tax)
  • Loss for the period from continuing operations: -₹7.62
  • Other comprehensive Income: ₹26.81
  • Total Profit for the period: ₹19.19

Earnings Per Share:

  • Basic EPS: ₹0.32
  • Diluted EPS: ₹0.32

Six Months Ended 30 September 2026 Performance (₹ in lakhs):

  • Revenue from operations: ₹48.35 (compared to ₹31.87 in H1 FY26)
  • Total Revenue: ₹51.88 (compared to ₹31.94 in H1 FY26)
  • Profit before tax: ₹1.84 (compared to -₹3.81 in H1 FY26)
  • Profit for the period: ₹39.86 (compared to ₹7.09 in H1 FY26)
  • Basic EPS: ₹0.66 (compared to ₹0.12 in H1 FY26)

Balance Sheet Position as at 30 September 2026 (₹ in lakhs):

Assets:

  • Non-current assets: ₹396.63 (compared to ₹316.31 as at 31 March 2026)
  • Property, Plant and Equipment/Capital Work In Progress: ₹165.23
  • Investments: ₹229.50
  • Other Financial assets: ₹1.90
  • Current assets: ₹185.01 (compared to ₹225.23 as at 31 March 2026)
  • Inventories: ₹173.85
  • Trade receivables: ₹0.22
  • Cash & cash equivalents: ₹7.69
  • Other current assets: ₹3.25
  • Total Assets: ₹581.64 (compared to ₹541.54 as at 31 March 2026)

Equity and Liabilities:

  • Equity Share capital: ₹300.70 (unchanged)
  • Other Equity: ₹230.09 (compared to ₹190.23 as at 31 March 2026)
  • Total Equity: ₹530.79 (compared to ₹490.93 as at 31 March 2026)
  • Non-current liabilities: ₹41.88 (compared to ₹46.69 as at 31 March 2026)
  • Deferred Tax Liabilities: ₹41.07
  • Provisions: ₹0.81
  • Current Liabilities: ₹8.97 (compared to ₹3.92 as at 31 March 2026)
  • Borrowings: ₹0.70
  • Trade Payables: ₹1.12
  • Other current Liabilities: ₹7.09
  • Provisions: ₹0.06

Cash Flow Statement for Half Year Ended 30 September 2026 (₹ in lakhs):

  • Cash Flow From Operating Activities: ₹16.66
  • Cash Flow From Investing Activities: -₹51.28 (primarily from sale of investment)
  • Cash Flow From Financing Activities: -₹0.18
  • Net change in cash: -₹34.80
  • Cash at beginning: ₹42.49
  • Cash at end: ₹7.69

Additional Notes:

1. The results were reviewed by the audit committee and approved by the Board of Directors in its meeting held on 04.11.2026

2. The company operates primarily in a single segment - "Resort and Hotel Operations" - making segment reporting not applicable

3. Statutory auditors Rakesh Raj & Associates (FRN No. 005145N) conducted a limited review of the financial results

4. The financial statements are prepared in accordance with Indian Accounting Standards (Ind AS) and comply with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 and subsequent circulars