38th Annual Report
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Hampton Sky Realty Ltd filed its 38th Annual Report for FY25. Standalone revenue from operations fell sharply to Rs. 2,569 lakh from Rs. 18,262 lakh in FY24, a drop of about 86%. Despite this, standalone profit after tax rose to Rs. 2,252 lakh from Rs. 1,183 lakh, helped by a tax credit of Rs. 634 lakh. On a consolidated basis, revenue declined to Rs. 5,930 lakh (from Rs. 23,685 lakh) and PAT slipped to Rs. 1,828 lakh from Rs. 2,540 lakh. The company entered a strategic partnership with IHCL and Roots Corporation to develop two hotels in Ludhiana (under Gateway and Ginger brands), set up two new wholly-owned subsidiaries and a joint venture, and transferred land valued at Rs. 19 crore to its wholly-owned subsidiary RPIL Healthcare in exchange for compulsorily convertible preference shares. No dividend was declared. Chairman and MD Sanjeev Arora stepped down after becoming a Punjab Cabinet Minister; Kavya Arora took over as MD and Ketki Gupta as Joint MD. The statutory and secretarial auditors issued clean reports with no qualifications, and the accounts were prepared on a going-concern basis. A new auditor, M/s HDSG & Associates, has been recommended for appointment from the next term.
The sharp revenue decline is a concern, but improved standalone profitability, the entry into hospitality with reputed brands (Tata group), and a leadership transition with the promoter now in public office could shape near-term sentiment. Existing shareholders may view the diversification positively, though the steep topline contraction and zero dividend will temper enthusiasm.