Country Club Hospitality & Holidays Limited has informed the Exchange regarding Board meeting held on May 30, 2025.
CCHHL · price
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Country Club Hospitality & Holidays' board approved its audited Q4 and FY25 results on May 30, 2025 with an unmodified auditor opinion from P. Murali & Co. On a standalone basis, revenue from operations fell to Rs. 4,597.56 lakhs from Rs. 5,236.39 lakhs in FY24, and net loss widened to Rs. (169.92) lakhs from Rs. (121.74) lakhs, with EPS at Rs. (0.10). On a consolidated basis, however, the company swung to a net profit of Rs. 437.92 lakhs versus a loss of Rs. (485) lakhs in FY24, helped by Rs. 15.20 crore in interest waiver income from a One-Time Settlement with Saraswat Co-operative Bank booked as other income. The auditor included an Emphasis of Matter paragraph noting the OTS benefit and that subsidiary investments are carried at historical cost rather than fair value. Operating cash flow was negative on both standalone (Rs. 1,357.59 lakhs) and consolidated (Rs. 851.74 lakhs) bases, and the company also recognised a Rs. 5.25 crore impairment on its investment in JJ Arts & Entertainment subsidiary.
The headline consolidated profit swing is largely driven by a one-time debt-waiver gain and is not reflective of underlying operations, as standalone losses widened and operating cash flow stayed deeply negative. Shareholders should treat the consolidated PAT with caution, as recurring earnings remain weak and the company had to impair a subsidiary investment.