The Board of Directors at their meeting held on February 12, 2026, have interalia, considered and approved the Un-Audited Standalone and Consolidated Financial Results along with the Limited ....
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Graviss Hospitality reported standalone revenue from operations of ₹1,864 lakhs for Q3 FY26, up about 9% YoY from ₹1,704 lakhs. Standalone profit after tax for the quarter rose sharply to ₹355 lakhs versus ₹205 lakhs in Q3 FY25. On a 9-month basis, standalone revenue grew to ₹4,161 lakhs but profit after tax fell sharply to ₹105 lakhs from ₹1,014 lakhs a year ago, pulled down by a weak H1. Consolidated results were weaker, with 9M FY26 turning to a loss of ₹52 lakhs at the PAT level versus a profit of ₹962 lakhs in the prior year period. The auditor (A.T. Jain & Co.) issued an unmodified limited review conclusion but flagged an Emphasis of Matter regarding accumulated losses in three subsidiaries exceeding their net worth.
Quarterly standalone earnings are strong and show recovery, but the consolidated nine-month picture turned negative, signalling stress at the subsidiary level. Shareholders should watch the subsidiary recovery plan closely, as the auditor's emphasis on subsidiary losses is a risk to the consolidated outlook.