Outcome of Board Meeting dated 22-05-2026
VHLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Viceroy Hotels Limited reported standalone revenue of ₹12,981.07 lakhs (down 2% from ₹13,248.96 lakhs in FY2025) and consolidated revenue of ₹14,320 lakhs (up 4.3% from ₹13,729.44 lakhs). Standalone PAT declined to ₹1,806.83 lakhs from ₹7,640.58 lakhs, but this is largely due to a one-time deferred tax benefit of ₹5,529.95 lakhs in FY2025; underlying operations remained stable. Finance costs nearly doubled to ₹795.78 lakhs standalone. The company completed acquisition of SLN Terminus Hotels & Resorts for ₹6,791.99 lakhs on December 29, 2025. A SAFEMA tribunal order on April 23, 2026 set aside a provisional attachment order dated March 26, 2019, removing a long-standing legal risk. Auditors issued an unmodified opinion. M/s. Murthy & Kanth appointed as new internal auditors for FY2026-27.
Revenue declined marginally on standalone basis due to subsidiary divestments, though consolidation with newly acquired SLN Terminus boosted top line. PAT drop is a base effect from prior year's deferred tax credit rather than operational weakness. Significant increase in borrowings (from ₹4,663 lakhs to ₹24,540 lakhs consolidated) warrants monitoring.