The Board of Directors, at their Meeting held today viz. Wednesday, May 27, 2026, has inter-alia, approved the following: 1. Annual Audited Financial Results of the company for the quarter ....
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Howard Hotels Limited reported annual revenue from operations of ₹1,615.71 lakhs for FY2026, marginally up from ₹1,561.34 lakhs in FY2025, showing modest growth of about 3.5%. Profit after tax stood at ₹42.68 lakhs compared to ₹43.78 lakhs in the previous year, indicating flat performance. The company declared an EPS of ₹0.47 per share (face value ₹10). The statutory auditor M/s B G G & Associates issued an unmodified (clean) audit opinion on the financial results. The CFO also confirmed the unmodified opinion. Total equity increased from ₹1,148.87 lakhs to ₹1,186.06 lakhs, while long-term borrowings reduced significantly from ₹385.66 lakhs to ₹256.95 lakhs.
The stock may see neutral reaction as results show no growth in profitability despite marginal revenue increase. Debt reduction is a positive sign for financial health, but the lack of earnings growth may not excite investors looking for stronger returns.