Apollo Sindoori Hotels Ltd Q3 FY26 Results: Profit Declines to ₹160 Crore, CEO Resigns
Apollo Sindoori Hotels Limited reported Q3 FY26 results with a standalone profit of ₹160.33 lakh. The company announced the resignation of CEO Mr. Munish Kumar, effective March 31, 2026. Consolidated profit for the quarter was ₹75.65 lakh. The company also incorporated a UK subsidiary.
The decline in quarterly profit and the resignation of a key managerial person are material events that could impact investor sentiment and future business operations.
The standalone profit for the quarter has declined compared to the previous year, and the company announced the resignation of its CEO, which can be perceived negatively.
Apollo Sindoori Hotels Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The company reported a profit of ₹160.33 lakh for the quarter, a decrease from ₹203.32 lakh in the same period last year. For the nine-month period, the profit stood at ₹810.17 lakh, down from ₹1003.97 lakh in the previous year.
In a significant development, the company also announced the resignation of Mr. Munish Kumar, Chief Executive Officer (Key Managerial Personnel), effective March 31, 2026. The Board of Directors approved these results and the auditor's limited review report during their meeting held on February 12, 2026.
The consolidated results showed a profit of ₹75.65 lakh for the quarter, down from ₹185.93 lakh in the prior year. The nine-month profit was ₹779.46 lakh, compared to ₹556.63 lakh in the corresponding period last year. The consolidated results also reflect an exceptional item of ₹413.17 lakh related to the impact of new Labour Codes on employee benefit liabilities.
Additionally, the company incorporated M/s. Sindoori Management Solutions Ltd., a wholly-owned subsidiary in the United Kingdom, with an initial investment of ₹18.33 lakh to engage in Hospitality Staffing, Facility Management, and Allied Services.
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Apollo Sindoori Hotels Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Apollo Sindoori Hotels Limited. Read the original for the full detail.