Earnings & Results
CHL Ltd Posts ₹3.78 Crore Standalone Profit for Q2FY27 as Revenue Rises 18%
By News Desk ·
Key takeaways
- CHL Ltd reported standalone net profit of ₹3.78 crore in Q2FY27, reversing a ₹4.44 crore loss in Q2FY26.
- Standalone revenue from operations rose 18% to ₹23.99 crore, and operational expenses fell to ₹11.71 crore from ₹19.81 crore.
- The auditor flagged that the last extension on a USD 34 million EXIM Bank one time settlement for subsidiary CJSC CHL International expired on September 30, 2026.
CHL Ltd reported a standalone net profit of ₹3.78 crore for the quarter ended September 30, 2026, compared with a loss of ₹4.44 crore a year earlier, as revenue from operations rose 18% to ₹23.99 crore. ScanX reported the results, which the board approved at a meeting on November 5, 2026.
CHL's Standalone Profit and Cost Cuts
CHL runs a hotel business, and the quarter's revenue reflected steady demand at its flagship property, The Suryaa New Delhi, according to ScanX. Operational expenses dropped to ₹11.71 crore from ₹19.81 crore a year earlier, while employee benefit expenses rose to ₹7.36 crore from ₹6.99 crore. Profit before tax reached ₹5.06 crore against a pre-tax loss of ₹5.82 crore in Q2FY26.
On a consolidated basis, CHL reported a net profit of ₹1.71 crore, down from ₹10.14 crore in Q1FY27 but an improvement on the ₹12.04 crore loss recorded in Q2FY26. Consolidated revenue grew to ₹37.30 crore from ₹31.65 crore. The consolidated figures include CJSC CHL International, the subsidiary that operates a hotel in Tajikistan.
The auditor's report carried an emphasis of matter on a loan the subsidiary took from EXIM Bank. A One Time Settlement for USD 34 million was executed, but the last extension expired on September 30, 2026, and the company has requested a further extension that remained pending as of the report date. Standalone closing cash and bank balances rose to ₹52.68 crore from ₹44.31 crore at the start of the fiscal year.
CHL's Penalty and Earlier Quarterly Results
CHL received a compounding order from the Reserve Bank of India on August 20, 2026, imposing a ₹1.557 crore penalty for contravening regulations under the Foreign Exchange Management Act, ScanX reported. For the quarter ended June 2026, CHL reported a consolidated net profit of ₹10.14 crore, a turnaround from a net loss of ₹0.82 crore a year earlier, according to Business Standard. Moneycontrol.com reported consolidated net sales of Rs 34.76 crore for June 2026, up 10.55% from Rs 31.44 crore.
Linde and Acutaas Results Elsewhere
DZ Bank kept a 'Hold' rating on Linde plc with a $500 price target on November 2, 2026, FinanzNachrichten.de reported. MarketSmith India highlighted Acutaas Chemicals and Tips Music as growth opportunities on October 28, 2026, Whalesbook reported. Alicorp reported Q3 revenue of PEN 3,436m, up 14.2%, on October 30, 2026, TradingView reported.
CHL's Pending EXIM Bank Extension
The further extension CHL requested on the USD 34 million EXIM Bank one time settlement for CJSC CHL International remained pending as of the report date.
Companies in this story
- CHL · www.chl.co.in