Kamat Hotels (I) Limited — Others, 31-07-2025: Change in Director(s)
31-07-2025 | 04:26 pm
31-07-2025 | 04:26 pm
Kamat Hotels' board approved Q1 financial results, reporting a standalone profit of ₹8.50 Cr and consolidated profit of ₹4.23 Cr. Key governance updates include the re-appointment of internal and secretarial auditors, and an independent director. The company received an exceptional income of ₹0.41 Cr from an Enforcement Directorate (ED) matter, though the ED has appealed a recent court order. Operational focus includes the short-term lease extension for Lotus Resort (worth ₹4.49 Cr) and addressing going concern uncertainties for two subsidiaries. Consolidated financials are not comparable due to a key reclassification.
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