Howard Hotels reported a standalone net loss of ₹0.69 crore for the quarter ended June 2026, representing a 47% increase from the ₹0.47 crore net loss recorded in the corresponding quarter of the previous financial year. According to reports from Business Standard, the company's financial performance showed deterioration across key metrics during the first quarter of FY27.
The company's sales declined by 15.72% to ₹2.68 crore in Q1 FY27, compared to ₹3.18 crore in the same quarter of the previous financial year. As reported by Business Standard, this revenue contraction indicates challenging market conditions for the hospitality sector during the June 2026 quarter.
The company's operating profit margin (OPM) turned negative at -17.54% in Q1 FY27, a significant deterioration from the -5.03% OPM recorded in the corresponding quarter of the previous year. According to the financial data reported by Business Standard, this indicates substantial operational challenges during the quarter.
The company's PBDT (Profit Before Depreciation and Tax) declined by 109% to -₹0.46 crore in Q1 FY27, compared to -₹0.22 crore in the same quarter of the previous year. As reported by Business Standard, the PBT (Profit Before Tax) also increased by 47% to -₹0.69 crore from -₹0.47 crore in the corresponding quarter of the previous financial year.
