We wish to inform you that the Board of Directors of the Company at its meeting held today i.e. Thursday, 14th August, 2025 has considered and approved the unaudited standalone and consolidated ....
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UVS Hospitality and Services Ltd (formerly Thirdwave Financial Intermediaries) announced its unaudited Q1 FY26 results (quarter ended 30 June 2025) on 14 August 2025. On a consolidated basis, revenue from operations nearly doubled to Rs 2,402.37 lakhs from Rs 1,269.02 lakhs in Q1 FY25, while net profit rose to Rs 116.55 lakhs from Rs 64.16 lakhs. EPS stood at Rs 0.37. The Australian subsidiary (UVS Investment Management Pty Ltd) contributed about 85% of revenue (Rs 2,052 lakhs), while India contributed 15% (Rs 362 lakhs). On a standalone basis, the company reported a narrower loss of Rs 101.95 lakhs compared to Rs 154.08 lakhs in the year-ago quarter, with revenue of Rs 46.97 lakhs. The statutory auditor (TDK & Co.) issued an unqualified limited review report with no qualifications.
Strong consolidated revenue and profit growth signals improving business momentum, though the standalone entity continues to post losses as most operations sit in subsidiaries. Investors should watch whether the standalone business can turn profitable and monitor the Australian subsidiary's contribution, which drives the bulk of consolidated numbers.