BSEHBG Hotels LtdLowNeutral
Announced Wed, 11 Feb · 18:57 IST

Outcome of Board Meeting

Board & Shareholder Meetings View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

HBG Hotels Limited (formerly Phoenix Township Limited) approved its unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025 at its board meeting on 11 February 2026. On a standalone basis, Q3 FY26 total income came in at Rs. 926.7 lakhs versus Rs. 1,103.8 lakhs in Q3 FY25, while net profit fell sharply to Rs. 72.2 lakhs from Rs. 219.5 lakhs, translating to an EPS of Rs. 0.35 vs Rs. 1.48. For the nine-month period, total income was Rs. 2,168.9 lakhs with a net profit of Rs. 182.1 lakhs, compared to Rs. 476.2 lakhs last year (the prior year base included a one-time exceptional gain of Rs. 5,065.4 lakhs). Consolidated Q3 net profit was Rs. 73.3 lakhs versus Rs. 221.1 lakhs YoY. The limited review was completed by auditors Bhatter & Company without any qualifications.

Likely market impact

Quarterly profits declined meaningfully on a year-on-year basis, reflecting softer top-line performance; however, the sharp drop is partly because last year's numbers were boosted by a large exceptional item. Underlying operational trends in revenue and margins warrant close monitoring by shareholders.