Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, it is hereby informed that the Board of Directors of the Company at their Meeting held on 30.05.2026 at the Corporate Office ....
CCHHL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Country Club Hospitality & Holidays Ltd reported strong standalone performance for FY26 with total revenue of Rs 11,622.70 Lakhs, up 70% from Rs 6,851 Lakhs in the previous year. Standalone net profit turned positive at Rs 42.96 Lakhs versus a loss of Rs 169.90 Lakhs. However, consolidated results show a significant loss of Rs 1,763.41 Lakhs due to substantial goodwill impairment of Rs 2,561.54 Lakhs (Rs 774 Lakhs standalone) on subsidiaries Jade Resorts and JJ Arts & Entertainment. The company also modified its Joint Development Agreement with VS4ary Estates, converting Rs 209 crore refundable deposit into non-refundable consideration for additional area allotment. Auditors P. Murali & Co. issued unmodified opinions with an Emphasis of Matter noting that subsidiary investments continue at historical cost rather than fair value. Related party transactions were disclosed as required under SEBI regulations.
Standalone operations are recovering with revenue growth and return to profitability, but the large consolidated loss from goodwill impairment signals asset value concerns in subsidiaries. The Rs 209 crore deposit modification reduces the company's refundable liabilities but increases contingent exposure.