Outcome of Board Meeting approving the Audited Financial Result of the Company for the quarter and Financial Year ended March 31, 2026
BYKE · price
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The Byke Hospitality Limited reported audited financial results for FY2026 ended March 31, 2026. Total income increased to Rs. 10,816.38 lakhs from Rs. 9,902 lakhs in FY2025, representing approximately 9.2% revenue growth. Net profit after tax grew significantly to Rs. 670.45 lakhs from Rs. 459.46 lakhs, a jump of about 46% year-on-year. Basic EPS improved from Rs. 0.90 to Rs. 1.28 per share. The statutory auditor Bilimoria Mehta & Co. issued an unqualified opinion with no qualifications. Additionally, Ms. Ritika Jaiswal resigned as Company Secretary effective May 30, 2026, and the internal auditor was changed from P.P. Kapoor & Co. to Maheshwari Maheshwari & Co.
Strong profitability growth with PAT up 46% is positive for shareholders. The unqualified audit opinion and clean financials with EBITDA margin expansion indicate financial health. However, the dual departures (Company Secretary and Internal Auditor) in quick succession may raise minor governance concerns.