ALPHA TRIBE

Juniper Hotels LimitedOthers, 28-05-2025: Change in Auditors

28-05-2025 | 03:03 pm

Juniper Hotels Limited has announced a board meeting outcome approving the financial results for the quarter and half-year. The statutory auditors issued an unmodified opinion on these audited standalone and consolidated results. The company appointed M/s. N Kothari & Associates as Secretarial Auditor for five years, subject to shareholder approval, and re-appointed M/s. Protiviti India Member Private Limited as Internal Auditor for FY 2025-26. The Group acquired an under-construction hotel property in Bengaluru for ₹32.5 Cr and completed acquisition of Jenipro Hotels Private Limited. A fire incident at the Bengaluru property after year-end caused damage; no casualties were reported, and the company expects to claim insurance. Consolidated revenue rose to ₹947.27 Cr for the year, with a profit after tax of ₹71.29 Cr, reflecting strong operational recovery and growth post acquisitions.

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