Pursuant to the provisions of Regulation 30, 33 and any other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, ....
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Best Eastern Hotels Ltd (USHAA Ascot, Matheran) reported Q3 FY26 standalone revenue from operations of ₹144.02 lakhs, down about 10.9% from ₹161.57 lakhs in Q3 FY25. Total income for the quarter was ₹146.90 lakhs versus ₹128.80 lakhs in the previous quarter. The nine-month revenue fell to ₹450.42 lakhs from ₹491.30 lakhs, an 8.3% decline. Net loss for the quarter narrowed sharply to ₹5.26 lakhs from ₹20.49 lakhs in Q3 FY25, but the company slipped into a nine-month net loss of ₹4.81 lakhs versus a small profit of ₹4.45 lakhs last year. EPS stood at (₹0.03) for the quarter. The statutory auditor M/s GMJ & Co issued an un-modified limited review conclusion with no qualifications.
Persistent revenue contraction and a swing to nine-month loss highlight continued weak demand at the Matheran resort property. The narrower QoQ loss and sequential revenue uptick offer some reassurance, but for shareholders this points to ongoing operational stress in a small-cap, thinly-traded hospitality stock with limited near-term earnings visibility.