Outcome of Meeting of Board of Directors held on February 13, 2026
HAVISHA · price
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Awaiting price reaction for this filing.
The Board of Sri Havisha Hospitality and Infrastructure approved unaudited financial results for Q3 FY26 (quarter ended Dec 31, 2025) and 9M FY26, reviewed by statutory auditor P. Suryanarayana & Co. Total income for 9M FY26 stood at Rs 1,100.62 lakhs, down about 9.5% from Rs 1,215.54 lakhs in the same period last year. Despite the revenue dip, the company narrowed its 9M net loss sharply to Rs 97.33 lakhs from Rs 365.80 lakhs a year ago — a roughly 73% improvement, helped by lower expenses. However, the company remains loss-making, with Q3 FY26 net loss of Rs 79.88 lakhs and EPS of Rs (0.08) for 9M FY26 versus Rs (0.14) earlier. The company also flagged a one-time gratuity charge of Rs 17.63 lakhs due to the new labour code, and a sub-judice Cross Subsidy Surcharge dispute with TGSPDCL where Rs 99.91 lakhs has been paid under protest. The AAI lease for hotel land was renewed for 30 years from 2023, giving operational continuity.
For shareholders, this is a mixed but slightly positive update — revenue is shrinking but losses are narrowing meaningfully and the long-term AAI lease supports business stability. The persistent losses and pending litigation with the power distribution company remain concerns; expect continued volatility until the company moves into profitability.