Sri Havisha Hospitality and Infrastructure Limited (formerly Shri Matre Power & Infrastructure Limited & Shri Shakti LPG Limited) has submitted its unaudited financial results for the quarter and half-year ended September 30, 2025. The company reported a net loss of ₹15.11 crore for the quarter, a significant increase from the net loss of ₹0.74 crore in the same period last year. For the half-year ended September 30, 2025, the net loss stood at ₹29.39 crore, compared to a net loss of ₹4.67 crore in the corresponding period of the previous year. Total income for the quarter ended September 30, 2025, was ₹33.83 crore, a decrease from ₹43.87 crore in the previous year's quarter. Total expenses for the quarter rose to ₹48.94 crore from ₹43.49 crore in the prior year's quarter. The company also clarified a discrepancy in its XBRL filing regarding EPS for the quarter ended September 30, 2025, attributing it to a clerical mistake and requesting to file a revised form. The financial results were reviewed by the Audit Committee and taken on record by the Board of Directors on November 12, 2025. The statutory auditors have conducted a limited review of the results. Key notes from the financial statements include the execution of a lease agreement with the Airports Authority of India (AAI) for a further 30 years from 2023, with interest expense on lease liability provided as per Ind AS 116. Additionally, the company made a payment of ₹99.91 lakh to Telangana State Power Distribution Company Ltd (TSSPDCL) under a protest towards Cross Subsidy Surcharge (CSS). This matter is currently sub-judice with the Honorable Telangana High Court, and the company believes it has a strong case with a remote likelihood of any liability crystallizing.
