Kamat Hotels (I) Limited — Important, 10-02-2025: General Updates

**Press Release: Financial Results Summary**

Kamat Hotels (India) Limited has released its unaudited financial results for the quarter and nine months ended December 31, 2024. The company reported revenue from operations of ₹84.84 crore for the quarter, marking an increase from ₹62.82 crore in the same period last year. Total income for the quarter stood at ₹91.44 crore. Expenses totaled ₹57.34 crore, leading to a profit before exceptional items of ₹34.09 crore. Notably, an exceptional income of ₹32.52 crore contributed to a profit before tax of ₹34.09 crore.

For the nine months, revenue from operations was ₹200.20 crore, representing significant growth from last year, with total income reaching ₹220.37 crore. The overall profit for the nine-month period was ₹37.02 crore, compared to ₹44.01 crore reported in the previous year.

In accompanying news, the board approved the reappointment of Mrs. Harinder Pal Kaur as an Independent Director, effective May 15, 2025, for a five-year term, and confirmed the acquisition of 100% equity shares in Chandi Hospitality Private Limited, strategic for expanding the company's foothold in the hospitality sector.

The company demonstrates a positive outlook for future growth, driven by operational efficiencies and growth strategies in the luxury hotel segment.