HLV LIMITED has informed the Exchange regarding appointment of M/s. Murali & Venkat, Chartered Accountants, as Internal Auditor for financial year 2025-26

HLV Limited (operator of The Leela hotels) reported audited FY25 results with total income of Rs. 21,840 lakhs vs Rs. 20,890 lakhs in FY24 (~4.5% growth) and net profit of Rs. 2,613 lakhs vs Rs. 2,380 lakhs (~9.8% growth). EPS rose to Rs. 0.40 from Rs. 0.36. The statutory auditor (N.S. Shetty & Co.) issued an unmodified opinion but included an Emphasis of Matter highlighting major ongoing disputes with the Airports Authority of India (AAI) over Mumbai hotel land leases, with cumulative disputed amounts of around Rs. 15,380 lakhs and Rs. 60,705-80,705 lakhs not provided for in the books, and noting that the results are prepared on a 'going concern' basis dependent on favorable outcomes. The Board re-appointed Vivek Nair as Chairman & MD and Dinesh Nair as Co-Chairman & MD for 5 years (Oct 2025 to Oct 2030), appointed M/s. Murali & Venkat as Internal Auditor for FY 2025-26, and M/s. RAAM & Associates LLP as Secretarial Auditor for 5 years (FY 2025-26 to FY 2029-30).