Interim report
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EIH Limited A MEMBER OF THE OBEROI GROUP 06th August 2026 The National Stock Exchange of India Limited Exchange Plaza , 5th Floor Plot No. C / 1 , G Block Bandra Kurla Complex , Bandra ( East ) , Mumbai 400 051 Code : EIHOTEL BSE Limited Corporate Relationship Dept. , 1st Floor , New Trading Ring , Rotunda Building , Phiroze Jeejeebhoy Towers , Dalal Street , Fort , Mumbai - 400001 Code : 500840 Sub : Unaudited Standalone and Consolidated Financial Results for the quarter ended 30th June 2026 Dear Sir / Madam , The Board of Directors at their meeting held today i.e. , 06th August 2026 has approved Unaudited Financial Results ( Standalone and Consolidated ) of the Company for the Quarter ended 30th June 2026 . We are enclosing herewith the following : 1. Limited Review Report for the Unaudited Standalone and Consolidated Financial Results : 2. Standalone and Consolidated Financial Results of the Company in the prescribed format under Regulation 33 of the Securities and Exchange Board of India ( Listing Obligations and Disclosure Requirements ) Regulations , 2015 ( “ Listing Regulations " ) . The Board meeting started at 04:00 P.M. and concluded at about 6:40 P.M. The above may please be taken on record . Thank you , Yours faithfully , For EIH Limited Lalit Kumar Sharma Company Secretary CIN : L55101WB1949PLC017981 Corporate Office : 7 , Sham Nath Marg , Delhi - 110 054 , India / Telephone : + 91-11-2389 0505 / Website : www.eihltd.com , Email : isdho@oberoigroup.com Registered Office : N - 806 - A , 8th Floor , Diamond Heritage Building , 16 , Strand Road , Fairley Place , Kolkata - 700001
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Deloitte Haskins & Sells LLP Chartered Accountants 7th Floor Building 10 Towers DLF Cyber City Complex DLF City Phase II Gurugram-122 002 Haryana, India INDEPENDENT AUDITOR'S REVIEW REPORT ON STANDALONE FINANCIAL RESULTS Tel: +91 124 679 2000 Fax: +91 124 679 2012 REVIEW OF INTERIM To The Board of Directors of EIH Limited 1. We have reviewed the accompanying Statement of Standalone Unaudited Financia l Results of EIH Limited ("the Company"), for the quarter ended June 30, 2026 ("the Statement"), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("the Listing Regulations"). 2. This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity', issued by the Institute of Chartered Accountants of India (!CAI). A review of interim financial information consists of making inquiries, primarily of the Company's personnel responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement , prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India , has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. For Deloitte Haskins & Sells LLP Chartered Accountants (Firm's Regist ration No. 117366W/W-100018) Alka Chadha Partner (Membership No. 93474) (UDIN: 26093474DOTDUO1891) Place: New Delhi Date : August 6, 2026 Regd. Office: One Intern ationa l Center, Tower 3, 31st floor, Senapati Bapat Marg, Elphinstone Road {West). Mumbai-400 013, Maharash tra, India. ~ /\ Deloitte Haskins & Sells LLP is registered with Limited Liability having LLP identification No: AAB-8737 )
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EIH Li-rni-ted A :1'4:EMBER OF THE OBEROI GROUP ~ Registered Office: N-806-A, 8th Floor, Diamond Heritage Building, 16, Strand Road Fairley Place, Kolkata- 700 001, India Phone: 91-33-22486751 Fax: 91-33-22486785 Website: www.eihltd.com Email ID : isdho@oberoigroup.com CIN: L55101WB1949PLC017981 Statement of Standalone Financial Results for the Quarter ended 30th June 2026 Particulars Income a) Revenue from operations b) Other income Total income Expenses a) Consumption of provisions, wines and others b) Employee benefits expense c) Finance costs d) Depreciation and amortisation expense c) Other expenses Total expenses Profit before exceptional items and tax Exceptional items (Note 5) Profit before tax Tax expense a) Current tax b) Deferred tax Total tax expense Profit for the period / year Other comprehensive income / (loss) Items that will not be reclassified to profit or loss - Re-measurements of the defined benefit plans - Tax relating to these items Total other comprehensive income/ (loss) for the period/ year, net of tax Total comprehensive income for the period / year Paid-up equity share capital (Face Value - Rs. 2 each) Other equity Earnings per equity share (in Rupees) (Face Value Rs. 2 each) (Note 7) (a) Basic (b) Diluted For Identification Only Deloitte ::-kin• & Sell ■ " 3 months ended 30.06.2026 Unaudited 599.80 58.20 658.00 65.03 148.73 3.69 33.74 237.09 488.28 169.72 - 169.72 41.39 1.24 42.63 127.09 (0.41) 0.20 (0.21) 126.88 125.07 2.03 2.03 (Rs. in Crores) 3 months 3 months Year ended ended ended 31.03.2026 30.06.2025 31.03.2026 (Refer Note 8) Unaudited Audited 808.76 518.77 2,636.87 51.00 52.35 175.62 859.76 571.12 2,812.49 71.58 55.08 259.33 155.64 127.58 561.34 4.28 3.71 15.60 34.45 30.32 130.09 293.15 194.99 927.47 559.10 411.68 1,893.83 300.66 159.44 918.66 - (110.32) (131.00) 300.66 49.12 787.66 85.93 11.22 216.77 14.56 1.54 32.38 100.49 12.76 249.15 200.17 36.36 538.51 1.22 0.13 (1.63) (0.51) 0.01 0.41 0.71 0.14 (1.22) " 200.88 36.50 537.29 125.07 125.07 125.07 4,563.61 3.20 0.58 8.61 3.20 0.58 8.61
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Notes to the Statement of Standalone Financial Results: 1. The Board of Directors of the Company in its meeting dated 26th May 2026, had proposed final dividend of Rs. 1.50 per share for FY 2025-26 which is subject to the approval of members at the ensuing Annual General Meeting. The dividend proposed is in accordance with Section 123 of the Companies Act 2013, as applicable. 2. These Financial Results have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard ("Ind AS") 34, 'Interim Financial Reporting' prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and the other accounting principles generally accepted in India. 3. The Company has no reportable segments other than hotels as per the Indian Accounting Standards. 4. Mashobra Resort Limited ('MRL'), a subsidiary of the Company till 31st March 2025, had acquired ownership of the Wildflower Hall property in 1997, pursuant to a joint venture agreement between EIH Limited (' Company') and the Government of Himachal Pradesh ('State') in 1995. A long-standing dispute between the JV partners culminated in an order dated 20th February 2024 by the Hon'ble Supreme Court of India, directing to vacate and handover the hotel to the State by 31st March 2025. In compliance with the above order, the vacant and peaceful possession of the hotel was handed over to the State on 31st March 2025 resulting in loss of control over MRL. Pursuant to such loss of control, the Company had re-assessed the aforesaid investment at estimated fair value and had continued to classify the said investment as an 'assets classified as held for sale' measured at Rs. 141.21 crores. Pursuant to the order ofHon ' ble High Court of Himachal Pradesh dated 2nd June 2025, adjudicating the claims/ counter claims of the parties, the Company has: adjusted the value of its investments in :MRL to Rs. 13.00 crores and continued to classify the same as 'assets classified as held for sale' . the advances recoverable from MRL, amounting to Rs.136.19 crores as at 31st March 2025, had been written down to Rs. 68.09 crores, representing 50% of the total outstanding amount. reversed obligation towards user fees (including interest) to the extent of Rs. 85.99 crores as no longer payable. The net impact of above, aggregating to Rs. 110.32 crores was charged to Profit and Loss and included under Exceptional items during the quarter ended 30th June 2025 and year ended 31st March 2026. Pursuant to the Hon'ble High Court's order dated 14th October 2025, the obligation towards user fees and interest thereon amounting to Rs. 4.59 crores was no longer payable and was accordingly reversed. Further, the Company had recorded an interest income amounting to Rs 3 .82 crores on the amount deposited with the Registrar. These amounts aggregating to Rs. 8.41 crores were included under Exceptional Items in the Financial Results during the year ended 31st March 2026. During the year ended 31st March 2026, the shares held by the Company in MRL were transferred in favour of the State upon receipt of compensation as per the directions of the High Court. As per the order ofHon'ble High Court ofHimachal Pradesh dated 5th January 2026, the proceedings are closed and the execution petitions stand disposed off. 5. Net exceptional gain/ (loss): Particulars 3 months 3 months 3 months Year ended ended ended ended 30.06.2026 31.03.2026 30.06.2025 31.03.2026 runauditedl rRef er note 81 runauditedl [Audited] Adjustment pursuant to the order of - - (110.32) (110.32) Hon'ble High Court dated 2nd June 2025 (refer note 4) Adjustment pursuant to the order of - - - 8.41 the Hon'ble High Court dated 14th October 2025 (refer note 4) Impact pursuant to the enactment - - - (29.09) of the Labour codes (refer note 6) Net Exceptional gain/ (loss) - - (110.32) (131.00) FoG?entlfication Only
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6. On 21st November 2025, the Government of India notified provisions of the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 ( collectively referred to as the "Labour Codes"), which consolidate multiple existing labour laws into a unified framework governing employment and post-employment benefits. The Company assessed the financial implications of these changes and, pursuant to such assessment, recognised an incremental obligation of Rs. 29 .09 crores on account of increase in employee benefit liabilities arising from past service. Considering the impact is arising from enactment of the new legislation and its non-recurring nature, the said amount had been presented under Exceptional Items in the Financial Results during the year ended 31st March 2026. The Company continues to monitor developments relating to the Labour Codes, including issuance of further rules, clarifications or amendments, and will evaluate and account for the impact, as applicable, in the periods in which such developments occur. 7. Earnings per share are not annualised except for the year ended 31st March 2026. 8. Figures for the 3 months ended 31st March 2026 are the balancing figures between audited figures for the year ended 31st March 2026 and the unaudited published figures for the 9 months ended 31st December 2025 which were subjected to limited review. 9. The Financial Results for the first quarter are not indicative of a full year's performance due to the seasonal nature of the Indian Hotel Industry. 10. Figures have been regrouped or rearranged, wherever necessary. 11. The above Financial Results were reviewed by the Audit Committee and approved by the Board of Directors at its Meeting held on 6th August 2026. The Statutory Auditors have carried out a limited review of the aforesaid results. New Delhi 6th August 2026 For Ident ification Only Oeloi~ &kins & Sells L~ VJKRAM~ ~ GH OBEROI Managing Director and Chief Executive Officer (DIN: 00052014)
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Deloitte Haskins & Sells LLP Chartered Accountants 7th Floor Building 10 Tower B DLF Cyber City Complex DLF City Phase II Gurugram-122 002 Haryana, India Tel: +91 124 679 2000 Fax: +91 124 679 2012 INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM CONSOLIDATED FINANCIAL RESULTS To The Board of Directors of EIH Limited 1. We have reviewed the accompanying Statement of Consolidated Unaudited Financial Results of EIH Limited ("the Parent") and its subsidiaries (the Parent and its subsidiaries together referred to as "the Group"), and its share of the net profit after tax and total comprehensive income of its associates and joint ventures for the quarter ended June 30, 2026 ("the Statement") being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("the Listing Regulations"). 2. This Statement, which is the responsibility of the Parent's Management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity"/ issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, primarily of Parent's personnel responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable. 4. The Statement includes the results of the following entities: Parent: EIH Limited Subsidiaries: 1. Svara Hotels Limited (formerly known as Mumtaz Hotels Limite 2. Oberoi Kerala Hotels and Resorts Limited 3. EIH International Ltd 4. EIH Holdings Ltd 5. PT Widja Putra Karya 6. PT Waka Oberoi Indonesia Regd. Office: One International Center, Tower 3, 31st floor, Senapati Ba pat Marg. Elphinstone Road (West), Mumbai -400 013, Maharashtra, India. j1 Deloitte Haskins & Sells LLP is registered with Limited Liability having LLP Identification No: AAB-8737 J
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Deloitte Haskins & Sells LLP 7. PT Astina Graha Ubud 8. EIH London Investments Limited Associates 1. EIH Associated Hotels Limited 2. La Roseraie De L'altas 3. Usmart Education Limited Joint Ventures 1. Avis India Mobility Solutions Private Limited 2. Oberoi Mauritius Ltd (including its subsidiary, Island Resort Limited) 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. We did not review the interim financial information of six subsidiaries included in the consolidated unaudited financial results, whose interim financial information reflect total revenues of Rs. 35.57 crores for the quarter ended June 30, 2026, total net profit after tax of Rs. 1.98 crores for the quarter ended June 30, 2026 and total comprehensive loss of Rs. 2.20 crores for the quarter ended June 30, 2026, as conside red in the Statement . The consolidated unaudited financial results also includes the Group's share of loss after tax of Rs. 4.95 crores for the quarter ended June 30, 2026 and total comprehensive loss of Rs. 4.95 crores for the quarter ended June 30, 2026, as considered in the Statement, in respect of one joint venture and one associate, whose interim financial information has not been reviewed by us. This interim financial informat ion has been reviewed by other auditors whose reports have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, joint venture and associate, is based solely on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above. Certain of these subsidiaries/associate/joint venture are located outside India whose financial information have been prepared in accordance with accounting principles generally accepted in their respective countries and which have been reviewed by other auditors under generally accepted auditing standards applicable in their respective countries. The Company's management has converted the financial information of such subsidiaries/associate/ joint venture located outside India from accounting principles generally accepted in their respective countries to accounting principles generally accepted in India. We have reviewed these conversion adjustments made by the Company's management. Our conclusion in so far as it relates to such subsidiaries/assoc iate/ joint venture located outside Ind ia is based on the report of other auditors and the conversion adjustments prepared by the management of the Company and reviewed by us. Our conclusion on the Statement is not modified in respect of these m
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Deloitte Haskins & Sells LLP 7. The consolidated unaudited financial results includes the interim financial information of one subsidiary which has not been reviewed by their auditor, whose interim financial information reflect total revenues of Rs. 0.03 crores for the quarter ended June 30, 2026, total net profit after tax of Rs. 0.00 crores for the quarter ended June 30, 2026 and total comprehensive income of Rs. 0.00 crores for the quarter ended June 30, 2026 respectively as considered in the Statement . The consolidated unaudited financial results also includes the Group's share of loss after tax of Rs. 0.00 crores for the quarter ended June 30, 2026, and total comprehensive loss of Rs. 0.00 crores for the quarter ended June 30, 2026, in respect of one associate, as considered in the Statement, based on their interim financial information which have not been reviewed by their auditors. According to the information and explanations given to us by the Management, these interim financial information are not material to the Group . Our conclusion on the Statement is not modified in respect of our reliance on the interim financial information certified by the Management . Place: New Delhi Date: August 6, 2026 For Deloitte Haskins & Sells LLP Chartered Accountants (Firm's Registration No. 117366W/W-100018) Alka Chadha Partner (Membership No. 93474) (UDIN : 26093474NKYNNX6780)
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EI.E-f Li-rrzited .A. ~E:2dBER C>F T~E C>BERC>I GR.C>~P Registered Office: N-806-A, 8th Floor, Diamond Heritage Building, 16, Strand Road, Fairley Place, Kolkata- 700 001 Phone: 9 1-33-22486751 Fax: 91-33-22486785 Website: www.eihltd.com Email ID : isdho@oberoigroup.com CIN : L55 l 0 1 WB l 949PLC0 17981 Statement of Consolidated Financial Results for the Quarter ended 30th June 2026 Particulars Income a) Revenue from operations b) Other income Total income Expenses a) Consumption of provisions, wines and others b) Employee benefits expense c) Finance costs d) Depreciation and amortisation expense e) Other expenses Total expenses Profit before exceptional items, share of net profit/ (loss) of associates and joint ventures accounted for using equity method and tax Share of net profit of associates and joint ventures accounted for using equity method Profit before exceptional items and tax Exceptional items (Note 6) Profit before tax Tax expense a) Current tax b) Deferred tax Total tax expense Profit for the period / year Other comprehensive income/ (loss) A Items that will not be reclassified to profit or loss - Share of other comprehensive income / (loss) of associates and joint ventures accounted for using the equity method - Re-measurements of the defined benefit plans - Tax relating to these items B Items that may be reclassified to profit or loss - Exchange differences on translation of foreign operations Total other comprehensive income/ (loss) for the period/ year, net of tax Total comprehensive income for the period /year Profit attributable to: a) Owners of EIH Limited b) Non-controlling interests Other comprehensive income/ (loss) attributable to: a) Owners of EIH Limited b) Non-controlling interests Total comprehensive income attributable to: a) Owners ofEIH Limited b) Non-controlling interests Paid-up equity share capital (Face Value - Rs. 2 each) Other equity Earnings per equity share attributable to owners of the Company (in Rupees) Face Value Rs. 2 (Note 8) (I) Basic (2) Diluted For Identification Only Del:! Heakln• & Sall• " 3 months ended 30.06.2026 Unaudited 656.96 40.98 697.94 68.71 161.03 5.59 37.00 260.69 533.02 164.92 4.39 169.31 - 169.31 44.87 4.13 49.00 120.31 (0.04) (0.40) 0.21 (0.81) (1.04) 119.27 I 17.14 3.17 (0.08) (0.96) 117.06 2.21 125.07 1.87 1.87 3 months 3 months ended ended 31.03.2026 30.06.2025 <Refer Note 91 Unaudited 895.22 573.58 58.73 35.48 953.95 609.06 75.99 58.53 166.49 138.87 6.12 5.82 37.94 33.36 318.79 216.37 605.33 452.95 348.62 156.11 19.72 8.56 368.34 164.67 - (l 10.49~ 368.34 54.18 98.02 12.95 21.22 4.35 119.24 17.30 249.10 36.88 0.05 (0.03) 1.00 0.17 (0.52) 0.01 42.39 15.32 42.92 15.47 292.02 52.35 237.62 33.86 11.48 3.02 59.12 15.02 (16.20) 0.45 296.74 48.88 (4.72) 3.47 125.07 125.07 3.80 0.54 3.80 0.54 nz... C ID rores Year ended 31.03.2026 Audited 2,939.63 166.11 3.105.74 275.98 606.85 23.09 142.53 1-033.05 2.081.50 1,024.24 56.55 1,080.79 (132.08: 948.71 243.45 47.97 291.42 657.29 (0.06) (l.85) 0.43 97.14 95.66 752.95 628 .28 29.01 110.33 (14.67) 738.61 14.34 125.07 5,137.21 10.05 10.05
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Notes to the Statement of Consolidated Financial Results: 1. The Board of Directors of the Company in its meeting dated 26th May 2026 had proposed final dividend of Rs. 1.50 per share for FY 2025-26 which is subject to the approval of members at the ensuing Annual General Meeting. The dividend proposed is in accordance with Section 123 of the Companies Act 2013, as applicable. 2. These Financial Results have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard ("Ind AS") 34, 'Interim Financial Reporting' prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and the other accounting principles generally accepted in India. 3. The Group has no reportable segments other than hotels as per the Indian Accounting Standards. 4. Mashobra Resort Limited ('MRL'), a subsidiary of the Company till 31st March 2025, had acquired ownership of the Wildflower Hall property in 1997, pursuant to a joint venture agreement between EIH Limited ('Company') and the Government of Himachal Pradesh ('State') in 1995. A long-standing dispute between the JV partners culminated in an order dated 20th February 2024 by the Hon 'ble Supreme Court of India, directing to vacate and handover the hotel to the State by 31st March 2025. In compliance with the above order, the vacant and peaceful possession of the hotel was handed over to the State on 31st March 2025 which resulted in loss of control over MRL. Pursuant to such loss of control, the Company de recognised the assets and liabilities of MRL from its consolidated financial statements and measured the investment in MRL at an estimated fair value of Rs. 141.21 crores, which was classified as an 'assets held for sale', pending determination of valuation of MRL shares by the Hon 'ble High Court. Pursuant to the order of Hon'ble High Court of Himachal Pradesh dated 2nd June 2025, adjudicating the claims/ counter-claims of the parties, the Company has: - adjusted the value of its investments in MRL to Rs. 13 .00 crores and continued to classify the same as 'assets classified as held for sale'. - the advances recoverable from MRL, amounting to Rs.136.19 crores as at 31st March 2025, had been written down to Rs. 68.09 crores, representing 50% of the total outstanding amount. - reversed obligation towards user fees (including interest) to the extent of Rs. 85.99 crores as no longer payable. The net impact of above aggregating to Rs. 110.32 crores was charged to Profit and Loss and included under Exceptional items during the quarter ended 30th June 2025 and year ended 31st March 2026. Pursuant to the Hon'ble High Court's order dated 14th October 2025, the obligation towards user fees and interest thereon amounting to Rs. 4.59 crores was no longer payable and was accordingly reversed. Further, the Company had recorded an interest income amounting to Rs 3.82 crores on the amount deposited with the Registrar. These amounts aggregating to Rs. 8.41 crores were included under Exceptional Items in the Financial Results during the year ended 31st March 2026. During the year ended 31st March 2026, the shares held by the Company in MRL were transferred in favour of the State upon receipt of compensation as per the directions of the High Court. As per the order ofHon'ble High Court of Himachal Pradesh dated 5th January 2026, the proceedings are closed and the execution petitions stand disposed off. 5. Svara Hotels Limited (formerly Mumtaz Hotels Limited), a subsidiary of the Company, had recognised an impairment loss of Rs. 0.43 crore during the year ended 31st March 2026, in respect of capital work in progress for its hotel project at Tirupati, following a communication from lessor indicating likely substitution of the originally allotted land upon surrender of the original lease. A net gain of Rs. 0.26 crore was also recognised on derecognition of the associated Right-of-Use asset and lease liability. These gains and losses have been presented under Exceptional Items in the Financial Results for the respective periods. For Identification Only (J:- . M Deloitte Haskins & Sells L~
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6. 7. Net exceptional gain/ (loss): Particulars 3 months 3 months 3 months Year ended ended ended ended 30.06.2026 31.03.2026 30.06.2025 31.03.2026 [Unaudited] [Refer note 9) [Unaudited] [Audited] Adjustment pursuant to the - - (110.32) (110.32) order of Hon'ble High Court dated 2nd June 2025 (refer note 4) Adjustment pursuant to the - - - 8.41 order of the Hon'ble High Court dated 14th October 2025 (refer note 4) Impact Ill relation to hotel - (0.17) (0.17) project m Tirupati, Andhra - Pradesh ( refer note 5) Impact pursuant to the - - - (30.00) enactment of the Labour codes (refer note 7) Net Exceptional gain/ (loss) - - (110.49) (132.08) On 2P 1 November 2025, the Government of India notified provisions of the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 ( collectively referred to as the "Labour Codes"), which consolidate multiple existing labour laws into a unified framework governing employment and post-employment benefits .. The Group assessed the financial implications of these changes and, pursuant to such assessment, recognised an incremental obligation of Rs. 30.00 crores on account of increase in employee benefit liabilities arising from past service. Considering the impact is arising from enactment of the new legislation and its non-recurring nature, the said amount had been presented under Exceptional Items in the Financial Results during the year ended 31st March 2026. The Group continues to monitor developments relating to the Labour Codes, including issuance of further rules, clarifications or amendments, and will evaluate and account for the impact, as applicable, in the periods in which such developments occur. 8. Earnings per share are not annualised except for the year ended 31st March 2026. 9. Figures for the 3 months ended 31st March 2026 are the balancing figures between audited figures for the year ended 31st March 2026 and the unaudited published figures for the 9 months ended 31st December 2025 which were subjected to limited review. 10. The Financial Results for the first quarter are not indicative of a full year's performance due to the seasonal nature of the Indian Hotel Industry. 11. Figures have been regrouped or rearranged, wherever necessary. 12. The above Financial Results were reviewed by the Audit Committee and approved by the Board of Directors at its Meeting held on 6th August 2026. The Statutory Auditors have carried out a limited review of the aforesaid results. New Delhi 6th August 2026 For Identification Only o!.te Haskins & Sells l VIKRAMJIT\iH OBEROI Managing Director and Chief Executive Officer (DIN: 00052014)