Gujarat Hotels Limited announced its unaudited financial results for the third quarter of FY26 ended December 31, 2025, revealing a mixed performance with quarterly profit declining while nine-month results showed growth. The Vadodara-based hospitality company's Board of Directors approved the results at a meeting held on January 12, 2026.

Quarterly Financial Performance

The company's Q3FY26 performance showed a decline compared to the corresponding quarter of the previous year. Key financial metrics for the quarter demonstrate the challenging operating environment:

The decline in revenue from operations was partially offset by other income of ₹75.23 lakhs, compared to ₹80.84 lakhs in Q3FY25. Total expenses remained well-controlled at ₹13.61 lakhs, showing only a marginal increase from ₹13.22 lakhs in the previous year.

Nine-Month Performance Shows Resilience

Despite the quarterly decline, the company's nine-month performance for FY26 demonstrated stronger fundamentals with growth across key parameters:

The nine-month results indicate the company's ability to maintain profitability growth despite quarterly fluctuations, with net profit increasing by 13.0% year-on-year.

Expense Management and Tax Efficiency

Gujarat Hotels Limited maintained effective cost control during the quarter. Employee benefits expense increased to ₹5.58 lakhs from ₹4.79 lakhs in Q3FY25, while other expenses decreased slightly to ₹6.84 lakhs from ₹7.24 lakhs. Depreciation remained stable at ₹1.19 lakhs.

Tax expenses for Q3FY26 totaled ₹40.39 lakhs, comprising current tax of ₹30.87 lakhs and deferred tax of ₹9.52 lakhs. This represented a decrease from ₹43.87 lakhs in the corresponding quarter of the previous year.

Corporate Governance and Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting on January 12, 2026. The results have been subjected to limited review by the company's statutory auditors, K C Mehta & Co. LLP, Chartered Accountants, who issued an unmodified conclusion.

The company operates in a single segment of hoteliering within the Indian geographical market. Gujarat Hotels Limited maintains its paid-up equity share capital at ₹378.75 lakhs, consisting of equity shares of ₹10 each, with no changes during the reporting period.

Gujarat hotels Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing a mixed performance in the hospitality sector. The company's Board of Directors approved these results during their meeting held on January 12, 2026, with the financial statements subjected to limited review by statutory auditors K C Mehta & Co. LLP.

Quarterly Financial Performance

The company's Q3FY26 performance reflected some challenges compared to the previous year's corresponding quarter. Key financial metrics demonstrated a decline in both revenue and profitability during the three-month period.

The revenue from operations decreased to ₹127.95 crores in Q3FY26 from ₹140.57 crores in the corresponding quarter of the previous year. Total income, including other income of ₹75.23 crores, reached ₹203.18 crores compared to ₹221.41 crores in Q3FY25.

Expense Management and Profitability

Despite revenue challenges, Gujarat Hotels maintained effective cost control measures during the quarter. Total expenses increased marginally to ₹13.61 crores from ₹13.22 crores in the previous year's corresponding quarter.

The company's profit before tax stood at ₹189.57 crores, down from ₹208.19 crores in Q3FY25. Tax expenses decreased to ₹40.39 crores from ₹43.87 crores, resulting in a net profit of ₹149.18 crores for the quarter.

Nine-Month Performance Highlights

The nine-month performance presented a more positive outlook, demonstrating the company's resilience and operational strength over the extended period.

The nine-month revenue from operations increased by 7.69% to ₹300.41 crores, while total income grew to ₹553.77 crores. Net profit for the nine-month period reached ₹408.49 crores, representing a significant 13.02% increase from ₹361.42 crores in the corresponding period of the previous year.

Corporate Governance and Compliance

Gujarat Hotels Limited operates exclusively in the hospitality segment within the Indian geographical market. The company maintains a paid-up equity share capital of ₹378.75 crores, consisting of equity shares with a face value of ₹10 each. The financial results comply with Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, and have received an unmodified conclusion from the statutory auditors following their limited review.