West Leisure Resorts Limited has announced important dates for its upcoming dividend payment for the financial year 2024-2025, subject to shareholder approval at the company's 17th Annual General Meeting (AGM).

Key Dates

• Book Closure Period: September 27, 2025 to September 30, 2025
• Record Date: September 26, 2025
• AGM Date: September 30, 2025

Dividend Details

The company's Board of Directors has recommended a dividend of 1% (Re. 0.10 per share) on 30,53,337 fully paid equity shares of Rs. 10 each. This amounts to a total dividend payout of Rs. 3,05,334, pending approval from the members at the upcoming AGM.

Financial Performance

For the financial year ended March 31, 2025, West Leisure Resorts reported:

The company's total comprehensive income/(loss) for the year amounted to Rs. (40.63) lakhs, compared to Rs. 54.74 lakhs in the previous year.

Business Segments

West Leisure Resorts operates in two main business segments:

1. Financial activities
2. Provision of Services

The company's service segment has shown growth, while revenue from investment activity was generated due to net gains on fair value changes.

Management Commentary

The Board of Directors stated that in their perception, there are no foreseeable risks that could threaten the existence of the company.

Investors and shareholders should note the important dates for dividend eligibility and are encouraged to attend the upcoming Annual General Meeting for further details on the company's performance and future outlook.

West Leisure Resorts Limited continues to be classified as a Core Investment Company (CIC) in terms of the Core Investment Companies (Reserve Bank) Directions, 2016, as amended.

West Leisure Resorts Limited has announced its financial results for the first quarter, showcasing a significant turnaround in its performance. The company reported a profit of ₹17.58 crore for the quarter, marking a substantial improvement from the loss of ₹14.95 crore in the previous quarter.

Financial Highlights

• Total Revenue: The company's total revenue from operations stood at ₹36.43 crore.
• Net Gain on Fair Value Changes: A significant contributor to the revenue was the net gain on fair value changes, amounting to ₹20.68 crore.
• Sale of Services: Revenue from the sale of services reached ₹15.75 crore.
• Earnings Per Share (EPS): The company reported an EPS of ₹0.58 for the quarter.
• Total Comprehensive Income: West Leisure Resorts achieved a total comprehensive income of ₹17.57 crore.

Segment Performance

The company operates in two main segments:

1. Financial Segment: This segment contributed ₹20.68 crore to the revenue.
2. Services Segment: The services segment generated revenue of ₹15.75 crore.

Expense Management

Total expenses for the quarter were reported at ₹16.23 crore, with employee benefits expenses being the largest component at ₹14.76 crore.

Board Approval and Audit Review

The financial results were approved by the Board of Directors at their meeting held on August 8. The results have been subject to a limited review by the company's auditors, M/s. Bharat Gupta & Company, as per the regulatory requirements.

Conclusion

West Leisure Resorts Limited has demonstrated a strong start to the quarter, successfully reversing the previous quarter's loss and posting a healthy profit. The company's performance in both its financial and services segments contributed to this turnaround, indicating a potentially promising outlook for the coming periods.