Outcome of the Board Meeting held for consideration and approval of the Unaudited Financials of the Company for the Quarter ended 31st December, 2025 and other Businesses
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Sayaji Hotels (Indore) Ltd's board approved unaudited standalone financial results for Q3 FY26 (quarter ended Dec 31, 2025) on February 5, 2026. Revenue from operations rose to Rs. 3,213.37 lakh from Rs. 3,016.78 lakh year-on-year (up about 6.5%). Profit after tax grew to Rs. 586.97 lakh from Rs. 453.36 lakh (up about 29.5%), lifting EPS to Rs. 19.27 from Rs. 14.88. For the nine-month period, PAT surged to Rs. 783.21 lakh versus Rs. 540.71 lakh earlier (up about 44.8%). The statutory auditor (K. L. Vyas & Co.) issued a clean limited review report but flagged an emphasis of matter concerning an ongoing lease cancellation dispute with the Indore Development Authority (IDA) for the Indore hotel property, which remains sub-judice. The board also reconstituted its Audit, Stakeholders Relationship, and Nomination & Remuneration committees.
Strong profit growth and margin expansion reflect healthy operating performance. However, the IDA lease cancellation case is a material overhang—any adverse court ruling could disrupt operations at the flagship Indore hotel, and shareholders should monitor litigation developments.