Sayaji Hotels (Indore) Ltd — Results, 24-05-2025: Result

Sayaji Hotels (Indore) Limited has announced a board meeting on which it approved the financial results for the quarter and half-year, along with the audited financial statements for the year. The company appointed a secretarial auditor and re-appointed M/s. S.S.U & Associates as internal auditor for FY 2025-26. The board also approved increasing borrowing limits and providing financial assistance, subject to shareholder approval. The Indore hotel’s leasehold land remains under legal dispute with Indore Development Authority; the company has applied for compounding alleged lease violations and obtained a stay on eviction proceedings, continuing to prepare accounts on a going concern basis. Total revenue for FY 2024-25 stood at Rs. 105.67 Cr, delivering a net profit of Rs. 10.57 Cr, up from Rs. 7.18 Cr the prior year. Long-term borrowings increased reflecting ongoing capex.