Latest news about Sri Havisha Hospital
Sri Havisha Hospital
1.30
+0.01(+0.78%)
Company Performance:
View Company Insights1D+0.78%
1M-17.72%
6M-29.35%
1Y-45.61%
5Y-13.33%
More news about Sri Havisha Hospital
12Nov 25
Sri Havisha Hospitality Reports Widened Loss in Q2
Sri Havisha Hospital, formerly Shri Matre Power and Infrastructure Limited, reported a net loss of ₹329.35 lakhs in Q2 FY2025-26, more than doubling from ₹160.07 lakhs loss in Q2 FY2024-25. Revenue from operations declined to ₹312.30 lakhs from ₹423.50 lakhs year-over-year. For H1 FY2025-26, the company's loss reduced to ₹645.08 lakhs from ₹781.61 lakhs in H1 FY2024-25. Total assets stood at ₹7,468.82 lakhs, with cash and cash equivalents decreasing to ₹8.02 lakhs. The company's hotel business segment reported a loss of ₹329.35 lakhs for the half-year. Sri Havisha also disclosed a legal challenge regarding a ₹89.99 lakhs payment to Telangana State Power Distribution Company.
05Sept 25
Sri Havisha Hospitality Secures 30-Year Land Lease Renewal at Begumpet Airport
Sri Havisha Hospitality And Infrastructure Limited has renewed its land lease agreement with the Airports Authority of India for 30 years, effective January 1, 2023. The lease covers the company's operations at Begumpet Airport, Hyderabad. This renewal ensures the company's continued presence at the strategic location, allowing for long-term planning and potential development opportunities.
13Aug 25
Sri Havisha Hospitality Reports Q1 Results; Multiple Banks Issue Recovery Notices
Sri Havisha Hospitality released Q1 FY2025 results, showing a 3.74% increase in revenue from operations to ₹278.82 lakhs, but a widened net loss of ₹178.28 lakhs. The company faces financial stress with multiple banks issuing recovery notices and announcing e-auctions for defaulted loans. Corporate governance updates include the re-appointment of an Independent Director, appointment of Secretarial Auditors, and issuance of a duplicate share certificate.
11Aug 25
Sri Havisha Hospitality Reports Q1 Loss of Rs 178.28 Crore, Schedules AGM for September
Sri Havisha Hospital reported a net loss of Rs 178.28 crore for Q1 ended June 30, compared to Rs 167.51 crore loss in the same period last year. Total income slightly decreased to Rs 306.70 crore from Rs 307.74 crore. The company's finance costs increased to Rs 117.94 crore, including a significant lease liability interest. The board scheduled the 32nd AGM for September 20, with agenda items including director re-appointments and approval of related party transactions. The company also made a payment under protest to TGSPDCL for a disputed electricity-related matter currently in court.
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