Eco Hotels and Resorts Limited’s Board of Directors has approved the unaudited financial results for the quarter ended June 30, 2026. The company reported a net loss of ₹408.08 lakh for the period, compared to a loss of ₹34.32 lakh in the same quarter last year. The Board also approved the appointment of new internal and statutory auditors and finalized the date for the 39th Annual General Meeting.
Eco Hotels Board Approves Q1 FY27 Financials
The Board of Directors of Eco Hotels and Resorts Limited, at its meeting held on August 13, 2026, approved the unaudited financial results for the quarter ended June 30, 2026. The results, which include standalone and consolidated statements, were also accompanied by a limited review report from the statutory auditor.
Financial Highlights (Quarter Ended June 30, 2026)
For the quarter, the company reported a net loss of ₹408.08 lakh. This represents a significant increase in loss compared to the ₹34.32 lakh deferred tax expense in the corresponding quarter of the previous year. The total comprehensive income for the period stood at ₹408.08 lakh.
Key Board Decisions
Auditor Appointments
The Board approved the appointment of M/s. Bansi Jain & Co. as the Internal Auditor for the Financial Year 2026-27. Additionally, M/s. KM Garg & Co. were re-appointed as the Statutory Auditors for a term of five years, from the 39th AGM until the 44th AGM, subject to member approval. Their remuneration will be fixed subsequently.
Annual General Meeting Scheduled
The Board decided to convene the 39th Annual General Meeting of the Company on Wednesday, September 30, 2026, at 3:00 PM IST. The meeting will be conducted through Video Conferencing and other Audio Visual Means (OAVM).
Operational Updates
The Board reviewed operational performance, noting challenges in the hotel industry including impacted banquet and F&B sales due to the Middle East war and gas crisis, which also affected occupancy levels in the April-June 2026 quarter. Despite these challenges, management is focused on achieving year-end targets. The company also provided updates on upcoming hotel openings in Shirdi, Chhatrapati Shambhajinagar, Ayodhya, and Mysuru.
Source: BSE
