The Board of Directors of the Company, upon recommendation from the Audit committee, have inter-alia considered and approved the Un-Audited Standalone and Consolidated Financial Results ....
GRAVISSHO · price
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Graviss Hospitality's board approved unaudited standalone and consolidated results for Q1 FY26 (quarter ended June 30, 2025). Standalone revenue from operations rose to ₹1,115 lakhs from ₹995 lakhs a year ago (~12% growth), but the company swung deeper into loss — standalone loss after tax widened to ₹(176) lakhs vs ₹(49) lakhs in Q1 FY25, and consolidated loss widened to ₹(222) lakhs vs ₹(70) lakhs. Total expenses rose sharply on both bases (standalone expenses of ₹1,353 lakhs vs ₹1,067 lakhs), driving operating margins into deeper negative territory. The auditor (A.T. Jain & Co.) flagged an Emphasis of Matter noting that three subsidiaries have accumulated losses exceeding their net worth, though management sees no diminution in investment value as subsidiaries expect new orders and alternate business plans.
Negative for shareholders — both top-line growth and a widening loss paint a weak picture this quarter, while the subsidiary-level going-concern flag adds risk to the broader group. Expect near-term pressure on the stock given deepening losses, though the revenue uptick is a modest positive.