This is to inform you that the Board of Directors of the Company, at its meeting held today, i.e. January 28, 2026, has considered, approved and took on record the Un-audited Financial ....
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Howard Hotels Limited's Board, at its meeting on January 28, 2026, approved the unaudited financial results for Q3 FY26 and the nine months ended December 31, 2025. Revenue from operations for the nine months stood at about Rs. 1,135 lakhs, broadly flat versus Rs. 1,120 lakhs in the same period last year, but the company slipped deeper into a loss of Rs. 10.80 lakhs (vs Rs. 9.26 lakh loss in 9M FY25). Q3 FY26 alone was sharply weak, with revenue halving to about Rs. 268 lakhs from Rs. 535 lakhs in Q3 FY25, and the quarter swung from a profit of Rs. 117 lakhs to a loss of about Rs. 80 lakhs. The statutory auditor, M/s BGG & Associates, issued a qualified limited review conclusion because the company did not make any provision for deferred tax during the period, deferring it to year-end. For reference, the audited full-year FY25 results showed revenue of Rs. 1,616 lakhs and profit after tax of Rs. 42.68 lakhs.
The widening nine-month loss, the sharp deterioration in Q3 FY26, and the auditor's qualified conclusion over the missing deferred tax provision are negative signals for shareholders and may keep sentiment weak; investors should watch for a return to profitability in the upcoming quarter.