Chalet Hotels Limited has informed the Exchange that Board of Directors at its meeting held on November 04, 2025, declared Interim Dividend of 1 per equity share.
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Chalet Hotels' Board, at its meeting on November 4, 2025, approved the unaudited standalone and consolidated financial results for Q2 and H1 FY26 (quarter/six months ended September 30, 2025). Consolidated total income for Q2 FY26 stood at Rs. 7,438 million, up sharply from Rs. 3,832 million in Q2 FY25, with a profit after tax of Rs. 1,548 million against a loss of Rs. 1,385 million in the year-ago quarter; H1 FY26 profit was Rs. 3,579 million. The strong performance was aided by Rs. 2,821 million in revenue from a residential real estate project in the quarter. The Board declared an interim dividend of Re. 1 per equity share (10% on face value of Rs. 10), aggregating to about Rs. 21.87 million, with a record date of November 11, 2025 and payment on or before December 3, 2025. The company also raised Rs. 1,000 million via commercial papers and has Rs. 750 million of listed NCDs outstanding. A long-pending litigation over the Vashi (Navi Mumbai) Four Points by Sheraton property saw the Supreme Court convert the pending special leave petitions into civil appeals on October 27, 2025.
The results show a sharp YoY turnaround driven by real estate project revenues, which is positive for sentiment. However, the interim dividend of Re. 1 per share represents only a 10% payout on face value, suggesting a modest return to shareholders despite the strong earnings recovery.