Latest news about The Byke Hospitality
The Byke Hospitality
36.00
-0.14(-0.39%)
Company Performance:
View Company Insights1D-0.39%
1M-1.93%
6M-33.41%
1Y-62.09%
5Y+14.47%
More news about The Byke Hospitality
31Mar 26
The Byke Hospitality Limited Completes Postal Ballot for Independent Director Re-appointment
The Byke Hospitality Limited successfully concluded its postal ballot process for re-appointing Ms. Madhuri Rajendrakumar Dhanak as Independent Director for a second five-year term. The resolution received overwhelming shareholder support with 99.9971% votes in favour from 22115251 shares out of 22115888 votes polled. The company filed comprehensive regulatory documents with multiple stock exchanges including detailed voting results and scrutinizer's report confirming compliance with Companies Act 2013 and SEBI regulations.
26Feb 26
The Byke Hospitality Limited Issues Postal Ballot Notice for Independent Director Re-appointment
The Byke Hospitality Limited has issued a postal ballot notice for the re-appointment of Ms. Madhuri Rajendrakumar Dhanak as Independent Director for a second five-year term from February 12, 2026 to February 11, 2031. The e-voting process will run from February 27, 2026 to March 28, 2026, with results to be declared by March 31, 2026. The company has engaged CDSL for e-voting facilities and appointed Suman Sureka & Associates as scrutinizer for the process.
12Nov 25
The Byke Hospitality Reports No Deviation in Preferential Issue Proceeds Utilization
The Byke Hospitality Limited raised Rs. 54.95 crores through a preferential issue of equity warrants. As of September 30, 2025, Rs. 48.93 crores have been utilized for repayment of borrowings and general corporate purposes. The remaining Rs. 6.02 crores are deployed in fixed deposits. The company confirms no deviation from stated objectives in fund utilization, adhering to SEBI guidelines. Recent financial results show improved performance with Q2 FY2026 total income at Rs. 2,494.71 lakhs and net profit at Rs. 130.05 lakhs.
12Nov 25
The Byke Hospitality Reports Strong Q2 FY2026 Results with 20% Revenue Growth
The Byke Hospitality Limited announced robust Q2 FY2026 results. Income from operations increased 20.18% YoY to Rs. 2,462.09 lakhs. Net profit surged 172.64% to Rs. 130.05 lakhs. EBITDA grew 46.54% to Rs. 1,168.99 lakhs. EPS improved to Rs. 0.25, up 257.14%. Half-yearly performance showed total income growth of 15.80% and net profit increase of 24.15%. The company's balance sheet remained strong with total assets at Rs. 33,807.63 lakhs. The Board noted forfeiture of 1,18,500 share warrants.
06Sept 25
The Byke Hospitality Expands Portfolio with Four New Hotels Across India
The Byke Hospitality Limited has opened four new hotel properties in India, adding 207 rooms to its portfolio. The new properties include The Byke Majestic Meadows in Palghar (100 rooms), The Byke Amra Oasis Osian in Jodhpur (48 rooms), The Byke Landmark in Indore (37 rooms), and The Byke Laxmi Resort in Matheran (22 rooms). Each property offers various amenities such as restaurants, banquet facilities, and conference halls. This expansion strengthens the company's presence in Maharashtra, Rajasthan, and Madhya Pradesh, catering to both leisure and business travelers.
07Aug 25
The Byke Hospitality Reports Strong Q1 Results, Confirms Proper Utilization of Preferential Issue Proceeds
The Byke Hospitality Limited reported a 15.25% year-on-year increase in income from operations, reaching Rs. 2,682.26 lakhs in Q1 FY2025-26. Total income grew by 14.32% to Rs. 2,724.97 lakhs. Profit before tax rose 12.30% to Rs. 224.23 lakhs, while net profit declined 6.63% to Rs. 214.77 lakhs. The company confirmed proper utilization of Rs. 54.95 crore raised through a preferential issue, with funds allocated to repay borrowings and for general corporate purposes. Ms. Ritika Jaiswal was appointed as the new Company Secretary and Compliance Officer. The 35th Annual General Meeting is scheduled for September 17, 2025.
07Aug 25
The Byke Hospitality Reports 15% Revenue Growth and Appoints New Company Secretary
The Byke Hospitality Limited announced its Q1 FY2026 results, reporting a 15.25% year-on-year increase in income from operations to Rs. 2,682.26 lakhs. Net profit slightly decreased to Rs. 214.77 lakhs. The company appointed Ms. Ritika Jaiswal as the new Company Secretary and Compliance Officer, effective August 07, 2025. The 35th Annual General Meeting is scheduled for September 17, 2025.
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