Advent Hotels International Limited has informed the Exchange regarding 'Revised Outcome of the Board Meeting submitted earlier held today i.e Tuesday, May 19, 2026 - Audited standalone and consolidated financial results for the fourth quarter and year ended 31st March, 2026'.
ADVENTHTL · price
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Advent Hotels International Limited filed revised audited results for Q4 and full year ended March 31, 2026. The revision was needed to attach a missing declaration under SEBI regulation 33(3)(d). On a consolidated basis, revenue from operations grew to Rs. 38,759.87 lakhs from Rs. 36,657.42 lakhs in the prior year (up ~5.7%). Net profit more than doubled to Rs. 6,539.87 lakhs from Rs. 2,714.13 lakhs. The company also dissolved its voluntary Risk Management Committee. Auditors issued unmodified opinions on both standalone and consolidated results. Significant corporate restructuring occurred during the year via an NCLT-approved demerger from Valor Estate Limited, with comparative figures restated from April 2024 for comparability. Exceptional items of Rs. 1,017.58 lakhs (standalone) and Rs. 1,567.58 lakhs (consolidated) were recorded.
Strong bottom-line growth with PAT more than doubling year-on-year. The restated financials and demerger completion provide a clearer operational picture. Unmodified audit opinions without going concern issues are reassuring for shareholders. The company is actively restructuring its asset portfolio with assets held for sale and subsidiaries being divested.