The Board of Directors at their meeting held today, i.e., 13th August, 2025 had inter alia considered and approved: Unaudited Standalone and Consolidated Financial Results for the Quarter ....
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The board approved unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended 30 June 2025). Standalone revenue from operations rose about 27% year-on-year to Rs 3,552.97 lakhs from Rs 2,795.84 lakhs, but the company swung to a standalone loss of Rs 28.84 lakhs versus a profit of Rs 268.18 lakhs a year ago, as total expenses jumped nearly 47% driven by higher employee costs, finance charges, and depreciation. On a consolidated basis, the loss widened sharply to Rs 513.10 lakhs (versus Rs 126.64 lakhs profit last year), largely dragged down by a Rs 487.17 lakhs share of loss from its associate, Barbeque Nation Hospitality. The board also cleared the 42nd AGM notice for 19 September 2025, re-appointed two women directors, appointed a new Company Secretary, and finalised the scrutinizer for e-voting.
Mixed-to-negative for shareholders. Strong top-line growth in the core hotel business is a positive, but sharply higher costs erased standalone profits, and Barbeque Nation's continued losses deepened the consolidated bottom line, which may weigh on stock sentiment in the near term.