West Leisure Resorts Limited has announced its unaudited financial results for the quarter ended December 31, 2025, showing mixed performance with declining revenue and profitability compared to the previous year. The results were approved by the Board of Directors at their meeting held on January 30, 2026.

Financial Performance Overview

The company's financial performance for Q3FY26 reflects challenges across key metrics:

Revenue Analysis

The company's revenue structure comprises two main segments: financial services and other services. Net gain on fair value changes recorded a loss of ₹4.05 lakhs in Q3FY26 compared to a gain of ₹4.66 lakhs in the corresponding quarter of the previous year. Sale of services remained relatively stable at ₹15.75 lakhs compared to ₹13.50 lakhs in Q3FY25.

Nine-Month Performance

For the nine-month period ended December 31, 2025, the company's performance showed the following trends:

Expense Management

Total expenses for Q3FY26 decreased to ₹11.68 lakhs from ₹15.45 lakhs in Q3FY25. Employee benefits expenses reduced significantly to ₹9.18 lakhs from ₹13.38 lakhs year-on-year. Other major expense categories included legal and professional fees of ₹0.81 lakhs, annual listing fees of ₹0.81 lakhs, and other expenses of ₹0.86 lakhs.

Segment Performance

The company operates through financial and services segments. The financial segment reported a loss of ₹4.06 lakhs in Q3FY26 compared to a profit of ₹4.66 lakhs in Q3FY25. The services segment showed improved performance with a profit of ₹8.40 lakhs compared to ₹2.80 lakhs in the previous year quarter.

Regulatory Compliance

The financial results have been prepared in accordance with Indian Accounting Standard 34 'Interim Financial Reporting' and comply with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by auditors M/s Bharat Gupta & Company, who provided a limited review report confirming compliance with applicable accounting standards.

West Leisure Resorts Limited has informed the stock exchanges about the resignation of its Company Secretary & Compliance Officer, marking a key managerial change at the hospitality company.

Key Personnel Change

Mr. Vaibhav Dodia has tendered his resignation from the position of Company Secretary & Compliance Officer, effective from the close of business hours on January 30, 2026. The resignation was submitted through a formal letter dated January 28, 2026, citing personal reasons for his departure.

Regulatory Compliance

The company has made the disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resignation letter will be placed before the Board of Directors in the upcoming Board Meeting for formal consideration and acceptance in accordance with regulatory requirements.

Transition Details

As a Key Managerial Personnel of the company, Mr. Dodia's departure represents a significant change in the management structure. The company has expressed gratitude for his contributions during his tenure and acknowledged the support and cooperation he provided in his role.

The resignation follows proper corporate governance procedures, with all necessary documentation submitted to regulatory authorities including BSE Limited. The company has ensured compliance with SEBI Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, regarding disclosure requirements for such personnel changes.

Company Background

West Leisure Resorts Limited, incorporated in 2008, operates in the hospitality sector with its registered office located in Kalyan, Thane. The company maintains its corporate website at www.westleisureresort.co.in and continues its business operations despite this managerial transition.