CHL
31.61
+0.39(+1.25%)
Market Cap₹173.24 Cr
PE Ratio390.25
Company Performance:
1D+1.25%
1M-1.13%
6M-7.71%
1Y-0.63%
5Y+269.71%
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More news about CHL
17Sept 25
CHL Limited Faces Setback in Delhi High Court Over Hotel Property Tax Challenge
CHL Limited, a hospitality sector company, has lost a significant legal case against the Municipal Corporation of Delhi (MCD) regarding differential property tax rates on hotels. The Delhi High Court ruled against CHL Limited's writ petition challenging a notification under the Delhi Municipal Corporation Act, 1957. The company is currently assessing the financial impact of this decision. This ruling, concluding a dispute dating back to 2004, could have broader implications for the hospitality industry in Delhi. CHL Limited has not yet announced any plans to appeal the decision.
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12Aug 25
CHL Limited Reports Q1 Results: Standalone Profit Rises Amid Leadership Changes
CHL Limited announced Q1 financial results with standalone revenue up 6% to Rs. 1,971.05 crore and profit up 29% to Rs. 504.01 crore. However, consolidated results showed a loss of Rs. 488.67 crore, including currency exchange losses from its subsidiary. The board appointed Mr. Luv Malhotra as Chairman for the upcoming AGM and made changes in company leadership. CHL continues to face legal challenges related to a loan taken by its subsidiary, with a One Time Settlement of USD 34 million under implementation.
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CHL
31.61
+0.39
(+1.25%)
1 Year Returns:-0.63%
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