The Byke Hospitality Limited , a prominent player in the Indian hospitality sector, has announced a significant expansion of its portfolio with the opening of four new hotel properties across India. This strategic move adds a total of 207 rooms to the company's hospitality offerings, strengthening its presence in key locations.

New Properties Overview

The Byke Majestic Meadows, Palghar

• Location: Near Jain Temple, opposite Nakoda Dham, Dhekale, Maharashtra 401102
• Rooms: 100
• Amenities: Restaurant, swimming pool, conference hall, banquet lawn, and terrace

The Byke Amra Oasis Osian, Jodhpur

• Location: 1st Street, Khetasar Osian Road, Navapura, Osian, Rajasthan 342303
• Rooms: 48
• Amenities: Banquet hall, restaurant, wedding garden, and lawn

The Byke Landmark, Indore

• Location: MR 9 Rd, Near C-21 Mall, Barfani Dham, Indore, Madhya Pradesh 452011
• Rooms: 37
• Amenities: Restaurant and banquet facilities

The Byke Laxmi Resort, Matheran

• Location: Near Main road, Library Matheran, Maharashtra 410102
• Rooms: 22
• Amenities: Restaurant, conference facilities, and lawn

This expansion marks a significant step for The Byke Hospitality Limited, diversifying its presence across different regions of India. The new properties cater to various segments of travelers, offering a range of amenities suitable for both leisure and business guests.

The addition of these four hotels demonstrates The Byke Hospitality's commitment to growth and its strategy to capitalize on the increasing demand for quality accommodation in both established and emerging destinations. With these new openings, the company has strengthened its position in key markets such as Maharashtra, Rajasthan, and Madhya Pradesh.

The Byke Hospitality Limited's expansion aligns with the growing trend in India's hospitality sector, which is seeing increased demand for diverse accommodation options across different price points and locations. This move is likely to enhance the company's market presence and potentially contribute to its revenue streams in the coming quarters.

As the travel and hospitality industry in India continues to recover and grow, The Byke Hospitality's strategic expansion could position it well to capture a larger share of the market and cater to the evolving needs of both domestic and international travelers.

The Byke Hospitality Limited has reported robust financial results for the first quarter, along with a confirmation of appropriate utilization of funds raised through a preferential issue.

Q1 Financial Highlights

The company's unaudited financial results for the quarter showcase a solid performance:

The Byke Hospitality's income from operations saw a significant year-on-year growth of 15.25%, rising from Rs. 2,327.34 lakhs to Rs. 2,682.26 lakhs. The total income also increased by 14.32% to Rs. 2,724.97 lakhs.

While the profit before tax improved by 12.30% to Rs. 224.23 lakhs, the net profit experienced a slight decline of 6.63% to Rs. 214.77 lakhs compared to the same quarter last year.

Preferential Issue Fund Utilization

In a separate filing, The Byke Hospitality confirmed that there has been no deviation in the utilization of Rs. 54.95 crore raised through a preferential issue of equity warrants. The funds were allocated as follows:

1. Repayment of Borrowings: Rs. 9.07 crore
2. General Corporate Purposes: Rs. 37.68 crore

The company raised these funds in three tranches:

• Rs. 13.84 crore in January 2024
• Rs. 22.95 crore in March 2024
• Rs. 18.16 crore in July 2024

As of June 30, 2025, Rs. 8.20 crore remained unutilized and was deployed in fixed deposits with Yes Bank, earning an 8% return.

Corporate Updates

The company also announced the appointment of Ms. Ritika Jaiswal as the new Company Secretary and Compliance Officer, effective August 07, 2025. Ms. Jaiswal, an Associate Member of the Institute of Company Secretaries of India, brings a strong grasp of legal procedures and excellent communication skills to the role.

Additionally, The Byke Hospitality's Board of Directors approved the draft notice for the 35th Annual General Meeting, scheduled for September 17, 2025.

The company's management expressed satisfaction with the Q1 performance and the proper utilization of funds raised through the preferential issue. They remain committed to maintaining transparency and driving growth in the hospitality sector.

Investors and stakeholders can access the detailed financial results on the company's website www.thebyke.com and on the stock exchange websites.