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 (Usha Ascot, Matheran) announced its Q3 FY26 results after a board meeting on February 13, 2026. Total income for the quarter stood at ₹146.90 lakhs, down from ₹163.85 lakhs in the same quarter last year, a drop of about 10%. For the nine months ended December 2025, revenue declined to ₹450.42 lakhs from ₹491.30 lakhs in the same period last year (around 8% lower). The company slipped into a loss after tax of ₹4.81 lakhs for the nine-month period, compared to a profit of ₹4.45 lakhs last year. Loss before tax for Q3 narrowed to ₹7.25 lakhs from ₹27.96 lakhs a year ago, showing some quarter-on-quarter improvement. The statutory auditor GMJ & Co. issued an unmodified (clean) limited review report.
Negative for shareholders as the small hospitality company has swung from profit to loss on a year-to-date basis, with revenue also declining. The muted scale and seasonal nature of the Matheran resort business mean results are not a strong catalyst, but the persistent losses may concern investors watching for a turnaround.