country club hospitality reported a consolidated net loss of ₹1,763.41 lakh for the financial year ended March 31, 2026, a significant reversal from the net profit of ₹437.93 lakh recorded in the previous year. The company attributed the consolidated loss primarily to an exceptional impairment of goodwill amounting to ₹2,561.54 lakh recognized during the year. On a standalone basis, the company returned to profitability, posting a net profit of ₹42.96 lakh for FY26 compared to a net loss of ₹169.92 lakh in FY25.

The Board of Directors approved the audited consolidated and standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026. The statutory auditors, M/s. P. Murali & Co., issued an unmodified opinion on the financial results. The company noted that the impairment of goodwill was assessed in accordance with applicable Indian Accounting Standards (Ind AS), specifically affecting subsidiaries Jade Resorts Private Limited and J.J. Arts & Entertainment Private Limited.

Total consolidated revenue for FY26 rose to ₹11,622.70 lakh from ₹7,330.15 lakh in the previous year, driven by an increase in other income which stood at ₹3,791.17 lakh. However, total expenses also increased to ₹10,843.45 lakh. The standalone entity reported a total revenue of ₹11,622.70 lakh for the year, with total expenses at ₹10,824.62 lakh. The standalone results included an impairment loss of goodwill of ₹774 lakh.

Financial Performance

The following table summarizes the key financial metrics for the standalone and consolidated entities for the year ended March 31, 2026:

Operational and Strategic Updates

During the financial year, the company modified the terms of a Joint Development Agreement with M/s. Vajram Estates Private Limited. Consequently, a refundable deposit of ₹20.91 crore received from the entity was adjusted against additional area to be allotted and ceased to be refundable. Additionally, the company wrote back ₹441 lakh to the Profit and Loss Account following a review of long-outstanding creditor balances where no further liability was expected to crystallize.

The company appointed Mr. Y. Siddharth Reddy, Vice-Chairman, JMD & CEO, as the Nodal Officer under Section 125 of the Companies Act, 2013. The auditors emphasized that investments in subsidiary companies continue to be recorded at historical cost rather than fair value. Segment-wise profitability and capital employed were not disclosed as the infrastructure is common to all revenue-generating activities.

Country Club Hospitality & Holidays Limited reported a consolidated net loss of ₹1,763.41 lakh for the financial year ended March 31, 2026, compared to a net profit of ₹437.93 lakh in the previous year. The standalone entity, however, returned to profitability with a net profit of ₹42.96 lakh for FY26 against a net loss of ₹169.90 lakh in FY25. The Board approved the audited standalone and consolidated financial results at its meeting held on May 30, 2026.

The company recognized an impairment loss of goodwill amounting to ₹774 lakh in the standalone financial statements and ₹2,561.54 lakh in the consolidated financial statements for the year. Additionally, the standalone financial statements included a write-back of ₹441 lakh related to long-outstanding creditor balances. M/s. P. Murali & Co., Chartered Accountants, issued an audit report with an unmodified opinion on the results.

Financial Performance

The total consolidated revenue for FY26 stood at ₹11,622.70 lakh, a significant increase from ₹7,330.15 lakh in the previous year. Total expenses also rose to ₹10,843.45 lakh from ₹6,850.85 lakh. On a standalone basis, total revenue increased to ₹11,622.70 lakh from ₹6,851.00 lakh, while total expenses were ₹10,824.62 lakh compared to ₹6,957.90 lakh in FY25.

Key Developments

During the year, the company modified the terms of a Joint Development Agreement with M/s. Vajram Estates Private Limited, adjusting a refundable deposit of ₹20.91 crore against additional area allotment. The Board also appointed Y. Siddharth Reddy as the Nodal Officer under Section 125 of the Companies Act, 2013. The auditors emphasized that investments in subsidiary companies continue to be stated at historical cost rather than fair value.