Nicco Parks & Resorts Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The board of directors reviewed and approved the results during a meeting held on May 14, 2026, which commenced at 12:30 p.m. and concluded at 5:45 p.m. The results were reviewed by the audit committee prior to the board meeting, in compliance with Regulations 33 and 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, M/s. Lodha & Co, LLP, Chartered Accountants, have expressed a modified opinion in their audit report pertaining to the audited standalone and consolidated financial results for the year ended March 31, 2026.

Financial Performance

For the financial year ended March 31, 2026, the company reported a total income from operations of ₹6634.67 lakh on a standalone basis. The standalone net profit for the period after tax stood at ₹1970.81 lakh, a significant increase from the ₹442.82 lakh reported in the previous year. For the quarter ended March 31, 2026, the standalone net profit after tax was ₹72.87 lakh.

On a consolidated basis, the total income from operations for the year was ₹6634.67 lakh. The company reported a consolidated net loss of ₹272.59 lakh for the year, compared to a net profit of ₹336.04 lakh in the prior year. For the quarter ended March 31, 2026, the consolidated net loss after tax was ₹72.24 lakh.

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

Dividend Declaration

The board of directors has recommended a final dividend of 25%, equivalent to ₹0.25 per share on a face value of Re. 1, subject to approval by members at the ensuing Annual General Meeting. This is in addition to the interim dividend of 100%, or ₹1.00 per share, which was declared and paid by the board during the financial year ended March 31, 2026.

Operational Notes

The company noted that its park operations, food and beverage, and other recreational activities are seasonal in nature, causing quarterly performance variations. The financial results for the quarter are therefore not necessarily representative of annual performance. The results include an expense of ₹47.02 lakh recognized as employee benefit expenses due to the implementation of new labour codes notified by the Government of India. Additionally, the company addressed the status of its land lease, which expired in February 2023, stating that an application for renewal is pending with the Government of West Bengal. The financial statements have been prepared on a going concern basis.

Nicco Parks & Resorts Limited has notified the Bombay Stock Exchange of an upcoming Board of Directors meeting, scheduled for Thursday, May 14, 2026. The intimation, issued on May 5, 2026, has been made in compliance with Regulation 29(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Agenda

The Board meeting has been convened to consider, approve, and take on record the audited standalone and consolidated financial results of the company for the quarter and year ended March 31, 2026. In addition to the financial results, the Board will also deliberate on a proposal for the recommendation of a final dividend, if any, to equity shareholders, in accordance with Regulation 29(1)(e) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key details of the scheduled meeting are outlined below:

Dividend and Record Date

In the event the Board recommends a final dividend, the record date has been set as Friday, May 22, 2026, pursuant to Regulation 42 of the SEBI Regulations. This date will be used to ascertain the eligibility of shareholders for the payment of the final dividend for FY 2025-26.

Trading Window Closure

In continuation of the company's earlier communication dated March 23, 2026, regarding the closure of the trading window, Nicco Parks & Resorts has confirmed that the trading window for dealing in the company's securities will continue to remain closed. The window will reopen only upon the expiry of 48 hours after the unpublished price-sensitive information is submitted to the stock exchanges, in accordance with the company's Code of Conduct to Regulate, Monitor, and Report trading by Designated Persons.

The notice has been signed by Ankit Kumar Bhardwaj, Company Secretary & Compliance Officer of Nicco Parks & Resorts Limited, and was issued from the company's registered office at Jheel Meel, Sector IV, Salt Lake City, Kolkata – 700 106.