In continuation of our letter dated 29th May 2026 for approving the Audited Financial Results of the Company for the 4th quarter and year ended 31st March 2026 along with the Auditor''s ....
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Best Eastern Hotels Ltd has published its audited financial results for Q4 and the full year ended March 31, 2026. Total income from operations for FY26 was Rs. 568.63 lakhs, compared to Rs. 637.60 lakhs in the previous year. The company reported a net loss before tax of Rs. 57.13 lakhs for FY26 versus a profit of Rs. 0.34 lakhs in FY25. Net loss after tax stood at Rs. 59.16 lakhs, with total comprehensive loss of Rs. 56.96 lakhs. Earnings per share (basic) for the year was Rs. (0.35). The Board declared a dividend of Rs. 1 per preference share (face value Rs. 10) for FY25-26. The statutory auditors gave an unmodified opinion on the results.
The company swung from a marginal profit in FY25 to significant losses in FY26, indicating deterioration in financial performance. This is negative for shareholders as the stock may face selling pressure. However, the dividend declaration shows the company is maintaining some investor return commitment.