TGB Banquets And Hotels Limited has informed the Exchange regarding Board meeting held on February 13, 2026.
TGBHOTELS · price
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TGB Banquets and Hotels reported Q3 FY26 standalone revenue from operations of ₹1,057.20 lakhs, up about 3.4% YoY from ₹1,022.61 lakhs. For the 9-month period (Apr-Dec 2025), revenue grew roughly 8.3% YoY to ₹2,804.90 lakhs. Net profit stood at ₹66.23 lakhs for Q3 (vs ₹68.39 lakhs) and ₹105.22 lakhs for 9M FY26 (vs ₹103.05 lakhs), a modest ~2% YoY rise. Operating profit margins slipped slightly YoY as other expenses rose faster than revenue. The auditor, Prakash Tekwani & Associates, issued a clean (unqualified) limited review report. The board also appointed Mr. Prakash Shrivastav as the new CFO with effect from Feb 13, 2026, and flagged that the impact of the new labour codes (effective Nov 21, 2025) is still being evaluated.
Modest topline growth and flat-to-slightly-declining margins mean the quarter is largely in line rather than exciting for shareholders. The CFO change is a key managerial transition to watch, and any meaningful impact from the new labour codes could affect costs in the coming quarters.