CHL Limited announced its unaudited financial results for the third quarter ended December 31, 2025, showing mixed performance across standalone and consolidated operations. The Board of Directors approved the results at their meeting held on February 9, 2026.

Standalone Financial Performance

The company's standalone operations demonstrated resilience with several key metrics showing positive trends:

For the nine months ended December 31, 2025, standalone revenue from operations reached ₹6,769.96 lacs compared to ₹7,060.16 lacs in the corresponding period last year. Net profit for the nine-month period stood at ₹1,240.81 lacs versus ₹1,915.95 lacs in the previous year.

Consolidated Results Show Challenges

The consolidated financial results reflected the impact of subsidiary operations, particularly currency fluctuations:

The consolidated results were significantly impacted by currency exchange fluctuation losses of ₹1,101.98 lacs for Q3FY26 and ₹3,045.12 lacs for the nine-month period.

Property Tax Settlement

During the quarter, CHL Limited paid ₹1,062.16 lacs towards property tax relating to earlier financial years, pursuant to the Delhi High Court order dated September 12, 2025. This disputed liability had not been recognized in books in earlier years pending final adjudication. The payment was charged to operational expenses under "Rent Rates and Taxes" and represents a non-recurring expense from settlement of a past obligation.

Ongoing EXIM Bank Litigation

The company continues to navigate complex litigation involving EXIM Bank related to a USD 32.50 million loan taken by subsidiary CJSC CHL International for hotel construction in Dushanbe, Tajikistan. Key developments include:

• One Time Settlement (OTS) of USD 34 million executed on November 23, 2023
• Economic Court of Dushanbe crystallized liability to USD 34 million through judgment dated December 12, 2023
• Multiple cases pending before Supreme Court of India and Debt Recovery Tribunal
• Recent order dated January 12, 2026, by DRT allowing additional documents to be taken on record

Subsidiary Performance

CJSC CHL International, the company's subsidiary, reported total assets of ₹23,943.28 lacs as of December 31, 2025. The subsidiary recorded revenue of ₹1,353.20 lacs for Q3FY26 and ₹3,723.33 lacs for the nine-month period, with net losses of ₹461.38 lacs and ₹1,806.69 lacs respectively.

Outlook and Operations

CHL Limited operates in a single business segment and maintains its registered office at Hotel The Suryaa, New Friends Colony, New Delhi. The company's paid-up equity share capital remains unchanged at ₹1,096.37 lacs with shares of ₹2 each. The results reflect the company's continued focus on operational efficiency while managing legacy issues and subsidiary challenges.

CHL Limited , a prominent player in the hospitality sector, has announced its financial results for the second quarter ended September 30, 2025. The company reported a standalone net loss of ₹444.27 crore for the quarter, a significant shift from the profit of ₹50.40 crore in the previous quarter. This change in financial performance comes amidst a challenging period for the company, marked by a substantial one-time expense related to a property tax settlement.

Key Financial Highlights

Property Tax Settlement

A significant development during the quarter was the settlement of a long-standing property tax dispute. CHL Limited paid ₹106.22 crore to the Municipal Corporation of Delhi under a one-time amnesty scheme, following an order from the Delhi High Court dated September 12, 2025. This substantial payment was charged to operational expenses as a non-recurring item, significantly impacting the company's quarterly results.

Operational Performance

Despite the reported loss, CHL Limited's revenue from operations showed resilience, with a marginal increase to ₹202.71 crore in Q2 FY2026, compared to ₹197.11 crore in the previous quarter. However, this figure is lower than the ₹237.16 crore reported in the same quarter of the previous fiscal year.

EXIM Bank Loan Settlement

The company continues to navigate the complexities of an ongoing litigation involving EXIM Bank. A One Time Settlement (OTS) of USD 34 million has been agreed upon and is currently under implementation. This settlement relates to a USD 32.50 million loan taken by CHL Limited's subsidiary, CJSC CHL International. The case is pending before the Supreme Court of India and the Debt Recovery Tribunal.

Subsidiary Performance

CJSC CHL International, the company's subsidiary, reported total assets of ₹2,357.74 crore and a net loss of ₹75.93 crore for the quarter. The consolidated results reflect the challenges faced by both the parent company and its subsidiary.

Looking Ahead

While the property tax settlement has resulted in a significant one-time expense, it resolves a long-standing issue for CHL Limited. The company's ability to marginally increase its operational revenue quarter-on-quarter in a challenging environment suggests underlying resilience in its core business.

The ongoing implementation of the EXIM Bank loan settlement is a critical area to watch, as its resolution could have substantial implications for the company's financial position and future growth prospects.

Investors and stakeholders will be keenly observing how CHL Limited navigates these challenges and capitalizes on potential opportunities in the coming quarters.