Kamat Hotels Q3 FY26 results: PAT declines YoY on Labour Code charge
KAMATHOTEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 12.4 pts less than Nifty Microcap 250 and 10.6 pts less than its Hotels & Resorts peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Standalone revenue from operations for Q3 FY26 was Rs 7,906 lakhs, broadly flat YoY. Standalone PAT fell to Rs 1,524 lakhs from Rs 2,515 lakhs, hit by a Rs 308 lakhs exceptional charge on Labour Code gratuity. Consolidated PAT was Rs 1,906 lakhs vs Rs 2,618 lakhs YoY. Auditor flagged going concern uncertainty for two subsidiaries (OHPPL, MPPL) and emphasis of matter on ED investigation, Lotus Resort Konark lease, and OHPPL lease rent dispute.
Profitability declined YoY on Labour Code charge. Going concern flag for two subsidiaries and multiple emphasis of matter points remain watch items.