Spice Islands Industries Limited reported total revenue of ₹192.57 crore for Q1 FY26, up from ₹33.95 lakh in the previous quarter. The hospitality segment was the main revenue driver, contributing ₹151.74 crore. Food and Beverages segment reported ₹32.06 crore revenue but faced losses. Electric Vehicle Rental segment brought in ₹8.77 crore revenue. Profit before tax reached ₹33.12 crore, showing improvement from Q1 FY25 but lower than Q4 FY25. The company's diversification strategy shows positive results despite challenges in some segments.
Spice Islands Industries Limited reported a profit of Rs. 33.28 crore in Q1 FY24, compared to a loss of Rs. 6.13 crore in Q1 FY23. Revenue from operations increased to Rs. 192.57 crore. The company operates in three segments: Hospitality, Food and Beverages, and EV Renting. Kalpesh Thakorbhai Mistry resigned as Independent Director. The 37th AGM is scheduled for September 24 via VC/OAVM. The company previously allotted 19,33,324 share warrants at Rs. 45 per warrant.