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 Ltd reported audited financial results for Q4 and FY ended March 31, 2026. Total income grew 9.2% to Rs. 10,816.38 lakhs from Rs. 9,902.00 lakhs in the previous year. Net profit surged 45.9% to Rs. 670.45 lakhs from Rs. 459.46 lakhs, driven by improved operational efficiency. 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. The Board also noted resignations of the Company Secretary and Internal Auditor, and appointed Maheshwari Maheshwari & Co. as the new Internal Auditor for FY 2026-27.
Positive signal for shareholders as profit grew 46% year-on-year with improved margins, and the unqualified auditor opinion confirms financial health. However, investors should note the significant increase in lease liabilities and finance costs.