Outcome of Board Meeting held on Thursday, 06th November, 2025, in accordance provisions of SEBI (Listing Obligation and Disclosures Requirement) Regulations, 2015.
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The Board of Sheraton Properties & Finance Ltd met on November 6, 2025, and approved the un-audited standalone financial results for the quarter and half year ended September 30, 2025, along with the Limited Review Report from statutory auditors B L Dasharda & Associates. The company reported no revenue from operations for Q2 FY26; total income of ₹368.68 lakhs came entirely from other income (largely dividends/interest, typical for a finance/investment company). Net profit for the quarter stood at ₹274.22 lakhs (EPS of ₹22.85), versus a loss of ₹3.35 lakhs in Q1 FY26. For H1 FY26, net profit was ₹270.87 lakhs (EPS ₹22.57). However, the company booked a large Other Comprehensive Income loss of ₹2,929.96 lakhs in Q2, likely mark-to-market losses on its investment portfolio (₹18,716.74 lakhs in non-current investments), dragging total comprehensive income into negative territory at ₹(2,655.75) lakhs for the quarter. Total assets stood at ₹21,683.61 lakhs with equity of ₹21,647.02 lakhs and cash position reduced to ₹26.72 lakhs from ₹105.03 lakhs.
Short-term: Q2 net profit looks healthy on the back of dividend/other income, but the steep negative OCI means overall shareholder equity has eroded — other equity fell from ₹22,626.45 lakhs (March 2025) to ₹21,527.02 lakhs. Investors should note the company is essentially an investment-holding entity with no operating revenue, so its reported profit is highly dependent on dividend flows and market value of its investments, making earnings volatile.