Benares Hotels Limited has announced that its Board of Directors will convene on January 15, 2026, to review and approve the company's unaudited financial results for the third quarter of fiscal year 2026, covering the period ended December 31, 2025.

Board Meeting Details

The hotel company has formally notified BSE Limited about the scheduled board meeting in accordance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting will focus on taking on record the quarterly financial performance of the company.

Trading Window Restrictions

In compliance with insider trading regulations, Benares Hotels Limited has implemented trading window restrictions for designated persons. The company has notified relevant personnel about the closure of the trading window from December 25, 2025, through January 17, 2026.

The trading window will reopen on January 18, 2026, which is 48 hours after the financial results are expected to be made public, as mandated by Regulation 9 of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Corporate Information

Benares Hotels Limited operates with its registered office located at Taj Ganges, Nadesar Palace Compound, Varanasi, and maintains its corporate office at Taj Palace, Sardar Patel Marg, New Delhi. The company secretary Vanika Mahajan signed the regulatory filing dated January 5, 2026, informing the stock exchange about the upcoming board meeting.

The announcement follows standard corporate governance practices, ensuring transparency and compliance with securities market regulations for the disclosure of quarterly financial performance.

Benares Hotels Limited (BHL), a prominent player in the hospitality sector, has released its financial results for the second quarter, revealing a mixed performance. The company reported a decline in profit despite resilience in operational revenue, reflecting the challenging environment in the hospitality industry.

Financial Highlights

Key Takeaways

1. Profit Decline: BHL experienced a 15.6% year-on-year decrease in profit after tax, dropping to ₹607.85 lakhs from ₹720.27 lakhs in the same quarter last year.

2. Revenue Performance: Despite the profit decline, the company's income from operations showed resilience, only marginally decreasing by 2.4% to ₹2,389.57 lakhs compared to ₹2,447.38 lakhs in the previous year's quarter.

3. Expense Management: Total expenses for the quarter rose by 7.7% to ₹1,726.38 lakhs, with a notable increase in employee benefits expense, which grew by 18.8% to ₹427.21 lakhs.

4. Half-Year Performance: For the half-year period, BHL maintained a stable profit after tax of ₹1,366.00 lakhs, compared to ₹1,363.49 lakhs in the corresponding period last year, indicating a marginal improvement of 0.18%.

5. Earnings Per Share: The company's earnings per share stood at ₹46.76, down from ₹55.41 in the same quarter of the previous year, mirroring the decline in profit.

Management Approval

The Board of Directors of Benares Hotels Limited approved these unaudited results in a meeting held on October 16, 2025. The financial statements were prepared in accordance with Indian Accounting Standards (Ind AS) and have been reviewed by the company's statutory auditors.

Market Implications

The mixed results from Benares Hotels Limited reflect the ongoing challenges in the hospitality sector. While the company has managed to maintain its operational revenue close to previous year levels, the increase in expenses, particularly in employee benefits, has impacted profitability. This scenario may be indicative of broader trends in the industry, where companies are balancing operational efficiency with rising costs.

Investors and market analysts will likely be watching closely to see how BHL adapts its strategies to improve profitability while maintaining its market position in the competitive hospitality landscape.