TGB Banquets And Hotels Limited Reports Q1 Unaudited Results; Re-appoints Nishit Bharatbhai Popat as Independent Director
TGB Banquets And Hotels Limited reported its unaudited financial results for the quarter ending June 30, 2026. The company's Board of Directors also approved the re-appointment of Mr. Nishit Bharatbhai Popat as a Non-Executive Independent Director.The limited review report on the Q1 performance was conducted by Prakash Tekwani & Associates Chartered Accountants. The audit firm confirmed that nothing came to their attention that suggested material misstatement in the unaudited results, which were prepared in accordance with Indian Accounting Standards (Ind AS).
Financial Highlights for Q1 FY27
TGB Banquets And Hotels Limited posted key figures for the quarter ending June 30, 2026. The company generated a Total Income of 870.41 lakhs after recording 832.86 lakhs from operations and 37.54 lakhs from other income.The financial performance data comparing Q1 FY27 against previous periods is detailed in the table below:
| Particulars | Quarter Ended June 30, 2026 (Unaudited) | Quarter Ended March 31, 2026 (Audited) | Quarter Ended June 30, 2025 (Unaudited) |
|---|---|---|---|
| Revenue from Operations | 832.86 | 1042.93 | 887.13 |
| Other Income | 37.54 | 31.44 | 22.76 |
| Total Income | 870.41 | 1074.37 | 909.89 |
| Total Expenses | 851.00 | 1039.87 | 891.50 |
| Profit before tax | 19.40 | 34.50 | 18.39 |
| Net Profit/loss | 19.40 | 38.24 | 18.39 |
The company recorded a Basic Earnings Per Share (EPS) of 0.07 and Diluted EPS of 0.07 for the quarter.
Board Meeting Decisions and Director Appointment
During the meeting held on July 27, 2026, the Board of Directors approved several key outcomes, including the aforementioned unaudited financial results. A significant decision was the re-appointment of Mr. Nishit Bharatbhai Popat as a Non-Executive Independent Director for the second term of five years. This appointment is effective from August 14, 2026, and is subject to approval by members at the Annual General Meeting.Mr. Nishit Bharatbhai Popat holds qualifications including B.Com, M.Com, LL.B., LLM (Gold Medalist), and MBA. He has extensive expertise in Corporate Laws, specifically concerning the Companies Act, Labor Law, SEBI Laws, IPR Laws, FEMA, and RBI regulations. Mr. Popat brings over 10 years of experience as a Corporate Law Consultant through his proprietorship, M/s. NP & Associates.
The company confirmed that Mr. Nishit Bharatbhai Popat is not related to any existing Director of the company.
TGBHOTELS Stock Price Movement
TGB Banquets And Hotels Limited shares closed today after edging higher by 5.26%, settling at ₹9.04 in post-market trading. The stock saw brisk activity, with a traded volume of 91,333 shares and closing close to its day high of ₹9.51.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.