Byke Hospitality FY26 Net Profit Rises to ₹670.45 Lakh

1 min read     Updated on 23 May 2026, 08:09 AM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

Byke Hospitality Limited reported a net profit of ₹670.45 lakh for the fiscal year ended March 31, 2026, compared to ₹76.86 lakh in the prior year. Total income from operations for FY26 stood at ₹10,816.38 lakh. For the quarter ended March 31, 2026, the company recorded a net profit of ₹167.65 lakh on a total income of ₹2,814.27 lakh.

powered bylight_fuzz_icon
40998116

*this image is generated using AI for illustrative purposes only.

The Byke Hospitality Limited has released its audited financial results for the quarter and fiscal year ended March 31, 2026. The board approved the results during a meeting held on May 20, 2026. The statutory auditors, Bhoruka Mehta & Co., Chartered Accountants, have audited the results and issued a report without any qualifications.

Financial Performance for FY26

For the fiscal year ended March 31, 2026, the company reported a total income from operations of ₹10,816.38 lakh. This compares to ₹2,727.82 lakh in the previous year. The net profit after tax for the year stood at ₹670.45 lakh, up from ₹76.86 lakh in the prior year.

Quarterly Results

In the quarter ended March 31, 2026, the byke hospitality recorded a total income from operations of ₹2,814.27 lakh. The net profit after tax for the quarter was ₹167.65 lakh. This is an increase from the net profit of ₹157.98 lakh reported in the quarter ended December 31, 2025.

Key Financial Metrics

The paid-up equity share capital remained constant at ₹5,227.93 lakh with a face value of ₹10 each. The basic and diluted earnings per share (EPS) for the year ended March 31, 2026, were reported at ₹0.14, compared to ₹1.28 in the previous year.

The following table summarizes the financial results for the quarter and year ended March 31, 2026:

Particulars Quarter Ended March 31, 2026 (Audited) Year Ended March 31, 2026 (Audited)
Total Income from Operations (Net) ₹2,814.27 ₹10,816.38
Net Profit for the period after Tax ₹167.65 ₹670.45
Total Comprehensive Income ₹180.64 ₹70.56
Paid Up Equity Share Capital ₹5,227.93 ₹5,227.93
Basic Earnings per Share (EPS) ₹0.32 ₹0.14

Additional Disclosures

The company noted that it does not have separate reportable business segments as it is engaged in the hospitality business. The forfeited warrant application money of ₹13.33 lakhs was transferred to the Capital Reserve Account during the quarter ended September 30, 2025.

Historical Stock Returns for The Byke Hospitality

1 Day5 Days1 Month6 Months1 Year5 Years
+1.84%+6.51%-3.26%-35.81%-61.57%+51.06%

Given the nearly 4x revenue growth in FY26, what specific expansion strategies or new property acquisitions is The Byke Hospitality planning to sustain this momentum into FY27?

How might the discrepancy between the strong net profit growth and the significantly lower EPS in FY26 (₹0.14 vs ₹1.28 prior year) impact investor sentiment and the company's ability to raise future capital?

With the hospitality sector recovering post-pandemic, how is The Byke Hospitality positioned to compete against larger hotel chains and emerging boutique hospitality players in its target markets?

Byke Hospitality Auditor Resigns Effective May 19

0 min read     Updated on 21 May 2026, 01:39 AM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

The Byke Hospitality Ltd disclosed the resignation of its Internal Auditor, M/s. P.P. Kapoor & Co., effective May 19, 2026. The resignation was attributed to the firm's preoccupation with other business commitments. The company filed the necessary intimation with the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

powered bylight_fuzz_icon
40840746

*this image is generated using AI for illustrative purposes only.

the byke hospitality has accepted the resignation of its Internal Auditor, M/s. P.P. Kapoor & Co., Chartered Accountants. The resignation is effective May 19, 2026, due to the firm's preoccupation with other business commitments. The company received the resignation letter on May 19, 2026, and subsequently informed the stock exchanges.

Regulatory Disclosure

The disclosure was made to the National Stock Exchange of India Limited, the Bombay Stock Exchange Limited, and the Metropolitan Stock Exchange of India Limited. The intimation was filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resignation was tendered by Abhishek Singhvi, Partner at M/s. P. P. Kapoor & Co.

Resignation Details

The Board of Directors acknowledged the cessation of the internal auditor's role. The firm stated it could no longer continue in the position due to other professional commitments. The company has been requested to file the necessary statutory intimations regarding the change.

Detail Information
Resigning Auditor M/s. P.P. Kapoor & Co.
Effective Date May 19, 2026
Reason Preoccupation with other business commitments
Regulation Regulation 30 of SEBI LODR Regulations, 2015

Historical Stock Returns for The Byke Hospitality

1 Day5 Days1 Month6 Months1 Year5 Years
+1.84%+6.51%-3.26%-35.81%-61.57%+51.06%

Who will The Byke Hospitality appoint as its new Internal Auditor, and what timeline has the company set for filling this critical governance role?

Could the sudden vacancy in the internal audit function expose The Byke Hospitality to any compliance risks or regulatory scrutiny from SEBI in the interim period?

Does the resignation of M/s. P.P. Kapoor & Co. signal any broader concerns about The Byke Hospitality's financial governance or internal control environment that investors should monitor?

More News on The Byke Hospitality

1 Year Returns:-61.57%