Sri Havisha Hospitality and Infrastructure Limited has informed the Exchange regarding a press release dated August 13, 2025, titled "Publication of Unaudited Financial Results for the first quarter ended June 30, 2025".
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Sri Havisha Hospitality and Infrastructure Limited submitted its Q1 FY26 unaudited results, approved by the Board on August 11, 2025 and published in Financial Express and Ninadam on August 13, 2025. Revenue from operations stood at Rs. 278.82 lakhs, slightly up from Rs. 268.77 lakhs in Q1 FY25. Total income was Rs. 306.70 lakhs versus Rs. 307.74 lakhs a year ago. The company posted a net loss of Rs. 178.28 lakhs for the quarter, marginally wider than the Rs. 167.51 lakh loss in Q1 FY25. Basic and diluted EPS were both negative at Rs. 0.06 per share. A notable item: finance costs of Rs. 117.94 lakhs include a notional Rs. 107.97 lakhs interest charge on lease liability linked to its 30-year lease renewal with the Airports Authority of India signed in 2023. The company also disclosed it paid Rs. 99.97 lakhs under protest to TGSPDCL towards Cross Subsidy Surcharge; the matter is sub-judice in the Telangana High Court.
The company continues to report quarterly losses, though revenue is broadly stable year-on-year. The high notional finance cost from the AAI lease materially inflates reported losses, so cash-based performance may be better than the headline numbers suggest. Shareholders should monitor the ongoing Cross Subsidy Surcharge litigation and the hotel business turnaround.