HLV LIMITED has submitted to the Exchange, the financial results for the period ended December 31, 2025.

HLV Limited (operator of The Leela Mumbai) reported Q3 FY26 total income of Rs. 6,372 lakhs, up about 5% from Rs. 6,081 lakhs a year ago, but net profit fell to Rs. 687 lakhs from Rs. 1,027 lakhs after booking Rs. 191 lakhs in exceptional charges. For the nine months ended December 2025, the company swung to a net loss of Rs. 652 lakhs versus a profit of Rs. 1,538 lakhs last year, with revenue declining roughly 5% to Rs. 14,661 lakhs. The auditor flagged a going concern note, stating results are prepared on the assumption that the company wins its legal disputes with the Airports Authority of India (AAI) over the Mumbai hotel land lease. Two massive contingent liabilities were highlighted: Rs. 17,009 lakhs in disputed lease rent increases and Rs. 80,705 lakhs in AAI's separate claim over an 11,000 sq mtr plot, totaling nearly Rs. 978 crore in potential exposure that is not provided for in the books. Separately, the board re-appointed Mr. Ashok Rajani as Independent Director for another five years from March 30, 2026.