The Board of Directors of the Company at its meeting held today, i.e. on Tuesday, 19th May, 2026 have transacted and approved the Standalone Audited Financial Results of the Company for ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jindal Hotels Limited reported strong full-year results with net profit of ₹211.44 lakhs, up 82.9% from ₹115.59 lakhs in the previous year. Revenue from operations grew 8% to ₹4,857.65 lakhs from ₹4,499.35 lakhs. Finance costs reduced significantly to ₹396.41 lakhs from ₹487.75 lakhs, boosting profitability. The company also disclosed an exceptional item of ₹10.36 lakhs related to the implementation of new Labour Codes. Cash and cash equivalents declined sharply to ₹34.89 lakhs from ₹182.49 lakhs. The Board decided not to renew a land purchase agreement previously approved by shareholders. Statutory auditors Modi & Joshi issued an unmodified (clean) opinion.
The near-doubling of net profit is positive for shareholders, though revenue growth of 8% is modest. The high debt-to-equity ratio of approximately 1.93 and declining cash reserves may raise concerns about leverage and liquidity.