Saj Hotels posts H1 loss as Mahabaleshwar resort renovation limits operations
SAJHOTELS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
For H1 ended September 2026, revenue from operations fell 3.5% to Rs 736.55 lakh, while expenses rose 17.4% to Rs 937.63 lakh. Standalone and consolidated net losses were Rs 39.68 lakh, versus profits last year. Operating cash flow was positive Rs 135.05 lakh versus negative Rs 222.72 lakh. Limited operations and fixed costs during the Mahabaleshwar renovation caused the loss; restart is due by quarter end. The auditor raised no material concerns.
Falling revenue, higher costs and the H1 loss may hurt shareholder sentiment. Better cash flow and the planned resort restart offer recovery potential.