Outcome of the Board Meeting approving the Un-Audited Financial Results of the Company for the Quarter Ended June 30, 2025, fixing the date of the Annual General Meeting & appointment of Ms. Ritika Jaiswal (ACS No: A75955) as Company Secretary and Compliance Officer of the Company.
BYKE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Byke Hospitality's Board approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations rose about 15.3% year-on-year to Rs. 2,682.26 lakhs, up from Rs. 2,327.34 lakhs in the same quarter last year. Net profit for the quarter stood at Rs. 214.77 lakhs, marginally lower than Rs. 230.02 lakhs in Q1 FY25, with basic EPS of Rs. 0.41 versus Rs. 0.49 earlier. The Board fixed September 17, 2025 as the date for the 35th Annual General Meeting and approved the Director's Report, Corporate Governance Report and MD&A for FY25. Ms. Ritika Jaiswal (ACS A75955) was appointed as the new Company Secretary and Compliance Officer effective August 7, 2025. Statutory auditors Bilimoria Mehta & Co. issued an unmodified limited review report on the results.
Modestly positive on the topline with healthy revenue growth, but bottomline slipped slightly year-on-year as finance costs nearly doubled. The new CS appointment and AGM scheduling are routine governance matters and unlikely to move the stock on their own.