Outcome of Board Meeting and Compliance of Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
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The board approved unaudited standalone financial results for the quarter and nine months ended December 31, 2025. Revenue from operations surged to Rs. 331.69 lakhs in Q3 FY26, up nearly 10x from Rs. 33.47 lakhs in Q3 FY25, driven mainly by the hospitality business (Rs. 239.76 lakhs vs Rs. 4.79 lakhs last year). The company swung to a profit after tax of Rs. 145.79 lakhs in Q3, compared to a loss of Rs. 21.42 lakhs in the same quarter last year. For the nine-month period, PAT was Rs. 257.21 lakhs versus a loss of Rs. 108.64 lakhs previously. The board declared an interim dividend of Rs. 0.50 per share (5%) with a record date of February 27, 2026. Statutory auditors Giriraj Bang & Co. issued an unmodified limited review report.
Sharp revenue and profit turnaround, led by the hospitality segment, signals a major business transformation for shareholders. The dividend declaration and strong earnings turnaround could be viewed positively by the market, though the base was small and capital structure changed due to warrant conversions.