Outcome of Board Meeting held on 15.01.2026.
Price
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Awaiting price reaction for this filing.
Benares Hotels Limited reported unaudited financial results for Q3 FY26 (quarter ended Dec 31, 2025) with income from operations of ₹4,162.84 lakhs, up about 7% from ₹3,886.55 lakhs in the same quarter last year. For the nine months ended Dec 31, 2025, operating income rose to ₹9,053.88 lakhs from ₹8,634.35 lakhs, a growth of roughly 5%. Profit after tax for the quarter stood at ₹1,423.27 lakhs (vs ₹1,356.05 lakhs YoY), translating to basic EPS of ₹109.48. The Board recorded an exceptional item of ₹13.34 lakhs linked to the implementation of the four new Labour Codes notified by the Government of India on November 21, 2025, primarily impacting gratuity due to a change in wage definition. Statutory auditors PKF Sridhar & Santhanam LLP issued an unqualified limited review report with no qualifications or emphasis of matter.
Results show modest single-digit revenue and profit growth with healthy margins intact, supported by a clean audit review. The small exceptional item from Labour Code changes is a one-time accounting adjustment and unlikely to materially affect shareholders. Overall, a steady but unspectacular quarterly performance.