Chalet Hotels Limited’s Board of Directors approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. Consolidated total income reached ₹22,413.70 million, while standalone total income was ₹21,216.73 million. Litigation regarding leasehold rights at Vashi continues with interim orders in place. The company also issued commercial papers amounting to ₹1,000 million.
Financial Performance
For the quarter and nine months ended December 31, 2025, Chalet Hotels Limited reported the following consolidated results:
- Total Income: ₹22,413.70 million
- Profit for the period: ₹4,820.15 million
Standalone results for the same period include:
- Total Income: ₹21,216.73 million
- Profit for the period: ₹4,985.86 million
Segment Highlights (Consolidated)
- Hospitality (Hotels) revenue: ₹12,571.11 million
- Real Estate revenue: ₹7,378.48 million
- Rental/Annuity Business revenue: ₹2,213.73 million
Ongoing Litigation
The litigation concerning leasehold rights at Vashi (Navi Mumbai) remains ongoing. The Supreme Court has granted leave for civil appeals and directed CIDCO to file an affidavit. Interim orders are still in effect. No adjustments have been made in the financial results regarding this matter. The carrying value of the leasehold rights is ₹45.25 million, and the hotel assets are valued at ₹434.15 million as of December 31, 2025.
Debt and Capital Management
As of December 31, 2025, the company’s listed non-convertible debentures are secured by properties pertaining to JW Marriott Sahar & Sahar Retail, with a security cover exceeding 1.75x. During the quarter, Chalet Hotels issued commercial papers amounting to ₹1,000 million, listed on the BSE.
Other Updates
The Board declared an interim dividend of ₹1 per equity share. The Group has invested ₹102.57 million in companies engaged in renewable energy generation to secure its supply.
Source: BSE
