Howard Hotels Reports Revenue Growth in Q1 FY2026, Profit Declines

1 min read     Updated on 26 Jul 2025, 01:53 PM
scanxBy ScanX News Team
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Overview

Howard Hotels Limited announced Q1 FY2026 results with revenue growth but decreased profitability. Revenue from operations increased to Rs 3.18 crore from Rs 3.07 crore in the previous quarter. Total income rose to Rs 3.22 crore. However, quarterly profit declined to Rs 46.53 lakh from Rs 76.98 lakh, and basic EPS decreased to Rs 0.51 from Rs 0.84. The Board approved these results on July 26, 2025, after review by the Audit Committee and statutory auditors.

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*this image is generated using AI for illustrative purposes only.

Howard Hotels Limited has announced its unaudited financial results for the first quarter of the fiscal year 2026, ending June 30, 2025. The company reported a mixed performance with revenue growth but a decline in profitability.

Financial Highlights

  • Revenue from operations increased to Rs 3.18 crore, up from Rs 3.07 crore in the previous quarter.
  • Total income rose to Rs 3.22 crore, compared to Rs 3.09 crore in the prior quarter.
  • Profit for the quarter stood at Rs 46.53 lakh, down from Rs 76.98 lakh in the previous quarter.
  • Basic earnings per share decreased to Rs 0.51 from Rs 0.84 in the prior quarter.

Key Financial Metrics

Particulars (in Rs lakhs) Q1 FY2026 Q4 FY2025 Change (%)
Revenue from Operations 318.28 306.73 +3.77%
Total Income 321.79 308.76 +4.22%
Profit for the Quarter 46.53 76.98 -39.56%
Basic EPS (in Rs) 0.51 0.84 -39.29%

Board Approval and Auditor's Review

The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meeting held on July 26, 2025. The statutory auditors, M/s B G G & Associates, conducted a limited review of the results.

Auditor's Observation

The auditors noted that the provision for deferred tax has not been made for the quarter ended June 30, 2025, as the company typically makes this provision at the end of the financial year.

Management Commentary

Nirvikar Nath Mittal, Whole-Time Director of Howard Hotels Limited, signed off on the financial results. The company's management did not provide specific comments on the performance or outlook in the available information.

About Howard Hotels Limited

Howard Hotels Limited operates in the hospitality sector, with its corporate office located at Hotel Howard Plaza, Fatehabad Road, Agra.

The financial results demonstrate Howard Hotels' ability to grow its revenue in a challenging environment. However, the decline in profitability may warrant attention from investors and analysts. As the hospitality industry continues to navigate post-pandemic recovery, Howard Hotels' performance in the coming quarters will be closely watched by stakeholders.

Historical Stock Returns for Howard Hotels

1 Day5 Days1 Month6 Months1 Year5 Years
-2.71%+3.34%-1.04%-2.67%+1.56%+490.02%
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