Jindal Hotels Ltd's Board Approves Q1 Results; Proposes Re-appointment of Ms. Palak Gandhi as Independent Director
Jindal Hotels Ltd, during its board meeting held on July 24, 2026, approved the unaudited standalone financial results for the first quarter of FY 2026-27, which ended on June 30, 2026. The Board also took on record the limited review report prepared by Statutory Auditors concerning these interim results.A key outcome of the meeting was the proposal to re-appoint Ms. Palak Gandhi as a Non-Executive Independent Director for a second consecutive term. This nomination followed a recommendation from the Nomination and Remuneration Committee.
Re-appointment of Ms. Palak Gandhi
Ms. Gandhi is proposed for re-appointment for a further period of five years, effective from July 12, 2027, to July 11, 2032, subject to shareholder approval.Ms. Gandhi possesses a 22-year career as a finance professional and a successful leader. Her experience includes navigating various engagements in fund raising with private equities, conducting due diligences of listed companies, internal financial controls testing, developing standard operating procedures for corporations, and creating systems for product costing and profitability analysis. The company confirmed that Ms. Gandhi is not related to any other director and is not debarred from holding the office of a director by virtue of any SEBI order or any such authority.
Financial Performance Overview
The results reflect the single segment activity of the company, which is "Hoteliering." The financial performance across various reporting periods, including Q1 FY 2026-27 and YTD figures for the period ending June 30, 2026, are detailed below (all figures in Rs. in Lakhs).| Financial Metric | Quarter ended 30th June, 2026 [Unaudited] | Quarter ended 31st March, 2026 [Audited] | Quarter ended 30th June, 2025 [Unaudited] | Year Ended 31st March, 2026 [Audited] |
|---|---|---|---|---|
| Revenue from operations | 1,131.73 | 1,496.59 | 956.74 | 4,857.65 |
| Other Income | 0.57 | 2.49 | 0.75 | 14.48 |
| Total income | 1,132.30 | 1,499.08 | 957.49 | 4,872.13 |
| Total expenses (2a to 2e) | 1,058.33 | 1,182.85 | 986.02 | 4,417.54 |
| Profit/(Loss) before tax | 73.97 | 316.23 | (28.53) | 454.59 |
| Total tax expenses | 15.66 | 14.14 | 0.70 | |
| Net Profit/(Loss) for the period | 58.31 | 182.15 | (29.23) | |
| Total Comprehensive Income for the period | 59.78 | 185.39 | (28.36) | 217.27 |
Detailed Financial Highlights and Components
The following table provides a breakdown of expenses, income, and equity figures during the respective periods:| Particulars | Q1 FY 2026-27 [Unaudited] | Q4 FY 2025-26 [Audited] | Q1 FY 2025-26 [Unaudited] | FY 2025-26 [Audited] |
|---|---|---|---|---|
| Cost of materials consumed | 195.64 | 249.04 | 194.13 | 893.01 |
| Employee benefits expense | 224.83 | 216.65 | 222.04 | 888.60 |
| Finance Costs | 85.65 | 89.63 | 110.42 | 396.41 |
| Depreciation and amortisation expense | 125.36 | 127.03 | 120.64 | 493.56 |
| Other expenses | 426.85 | 500.50 | 338.79 | 1,745.96 |
| Total Tax Expenses (Current and Deferred) | 15.66 | 14.14 | 0.70 | |
| Earnings per share | 0.83 | 2.60 | (0.42) | 3.02 |
The company also noted that, during the previous period, the Government of India notified four Labour Codes, which consolidated 29 existing labour laws. The company assessed and disclosed the incremental impact of these changes as "Impact of new Labour Codes" under Exceptional Items due to their regulatory-driven, non-recurring nature.
Stock Price Movement
At the close of trade today, shares of Jindal Hotels Ltd. settled at ₹64.88 after ticking up 0.78%. The stock experienced movement throughout the session, trading between an intraday low of ₹63.00 and a high of ₹65.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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