5444432025-10-012025-12-315444432025-04-012025-12-315444432025-10-012025-12-31in-capmkt:OtherExpenses1Member5444432025-04-012025-12-31in-capmkt:OtherExpenses1Member5444432025-10-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15444432025-10-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss25444432025-04-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15444432025-04-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss25444432025-10-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss15444432025-04-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss15444432025-10-012025-12-31AuditorDomain1iso4217:INRiso4217:INRxbrli:shares544443TRAVELFOODNOTLISTEDINE103V01028TRAVEL FOOD SERVICES LIMITED (FORMERLY KNOWN AS TRAVEL FOOD SERVICES PRIVATE LIMITED)Main BoardEquity2025-04-012026-03-312026-02-122026-02-05INRMillionsQuarterlyThird quarterSingle segmentTravel QSR outlets and Lounge services2026-02-1215:40:002026-02-1217:30:00Declaration of unmodified opinion2025-10-012025-12-31UnauditedConsolidated45616900002275600004789250000606640000131870000-45500006846200009801000039041000013306700003237670000155158000001551580000452070000-52100000399970000011516100000002168700001368480000-87400001359740000132682000041660000131707000042670000131680000110.0810.060010.0810.06Notes forming part of Unaudited Consolidated Financial Results for the quarter and nine months ended 31 December 2025: <BR> 1. The statement of unaudited consolidated financial results ("the Statement") of Travel Food Services Limited (formerly known as Travel Food Services Private Limited) (the “Company” or the “Holding Company”) and its subsidiaries (together referred to as "the Group"), its associates and joint ventures have been reviewed and recommended by the Audit Committee. The Board of Directors have approved the Statement in their meeting held on 12 Feburary 2026. <BR> 2. The figures for the quarter and nine months ended 31 December 2025 were subjected to “Limited Review” by the Statutory Auditors of the Group. The statutory auditors have expressed an unmodified review conclusion. The Statement along with the limited review report will be available on the website of National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) and will also be available on the Company's website www.travelfoodservices.com. <BR> 3. These consolidated financial results have been prepared in accordance with recognition and measurement principles of Indian Accounting Standards 34 "Interim financial reporting" (Ind AS 34) prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules thereunder as amended from time to time and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"). <BR> 4. The Holding Company has completed its Initial Public Offer ("IPO") of 18,182,802 equity shares of face value of Re 1 each at an issue price of Rs. 1,100 per share and as a result the equity shares of the Company have been listed on NSE and BSE on 14 July 2025. The issue comprised offer for sale of 18,182,802 equity shares by Promoter selling shareholders\ aggregating upto Rs. 19,999.98 million. <BR> 5. During the nine months ended 31 December 2025, the Holding Company had granted 284,522 stock options to eligible employees under the 'Travel Food Services - Employee Stock Plan - 2024'. Further, during the quater and nine months ended 31 December 2025, the Holding Company has allotted NIL equity shares upon exercise of stock options under the 'Travel Food Services - Employee Stock Plan - 2024'. <BR> 6. The figures for the nine months ended 31 December 2024 and for the quarter ended 31 December 2024, as reported in these unaudited consolidated financial results have been approved by the Holding Company’s Board of Directors, but have not been subjected to review since the requirement of submission of quarterly consolidated financial results is applicable on listing of equity shares of the Holding Company, which was from the quarter ended 30 June 2025. <BR> 7. Effective November 21, 2025, the Government of India consolidated 29 existing labour regulations into four Labour codes, namely, The Code on Wages, 2019, The Industrial Relations Code, 2020, The Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020, collectively referred to as the ‘New Labour Codes’. Based on the requirements of New Labour Codes and relevant Accounting Standards, the Company has estimated the liability for employee benefits, which has resulted in an incremental expense on account of recognition of past service costs. The Company has presented the same under ‘Employee benefit expenses" in the Consolidated financial results for the quarter and nine months ended 31st December 2025 amounting to 83.41 million. Upon notification of the related Rules to the New Labor Codes by the Government and any further clarification from the Government on other aspects of the New Labour Codes, the Company will evaluate and account for differential impact, if any, in subsequent periods.” <BR> 8. Travel Food Services (Delhi Terminal 3) Private Limited (“Delhi T3” or “the Subsidiary”), a material subsidiary of the Group in which the Holding Company holds a 60% equity interest, was awarded a licence agreement for a period of ten years with effect from 6 February 2010. After considering all extensions granted from time to time, the said licence agreement is scheduled to expire on 30 September 2026. Management of the Subsidiary has assessed the impact of the expiry of the licence agreement on its operations, considering its financial position as at 31 December 2025 and the projected financial position as at the date of expiry of the agreement. Accordingly the financial results of the component have been prepared on a going concern basis. The Holding Company and Group management have evaluated the above matter at the Group level, taking into account the Group’s overall financial position, liquidity, cash flow projections and the performance of other operating entities within the Group. The Group continues to generate positive operating cash flows and maintains adequate liquidity, and is not dependent on the Subsidiary for its ability to meet obligations as they fall due. Accordingly, while the above matter represents a material uncertainty at the Subsidiary level, it does not give rise to a material uncertainty at the Group level, and these consolidated financial results have been prepared on a going concern basis. <BR> 9. The Board of Directors of the Company, at its meeting held on 24 October 2024 had approved the sub division of the paid up shares of the Company from 38,72,926 equity shares of Rs. 10 each into 3,87,29,260 equity shares of Re. 1 each, which was approved by the shareholders in Extra Ordinary General Meeting held on 24 October 2024. The Board of Directors at its meeting held on 5 November 2024 had approved the bonus issue of 2.4 (two point four) new equity Shares for every one share held on record date which was approved by the shareholders by means of a special resolution dated 5 November 2024. Through a Board resolution dated 08 November 2024, the Company has allotted 9,29,50,224 equity shares of Re. 1 each as bonus shares to the existing equity shareholders of the Company. The record date for the bonus share was 5 November 2024. <BR> In compliance with IND AS - 33, Earnings Per Share, the disclosure of basic and diluted earnings per share for the nine months ended 31 December 2024 and quarter ended 31 Decemeber 2024 has been arrived at after giving effect to the above sub-division and bonus shares. <BR> 10. The Group mainly derives revenue from Travel QSR outlets and Lounge services. In addition, the Group also derives revenue from management and other services. In the context of Indian Accounting Standard (Ind AS) 108 - Operating Segments, these products and service lines comprise of only one operating segment, whose operating results are regularly reviewed by the entity’s Board of Directors (‘Chief Operating Decision Maker’) to make decisions about resources to be allocated and assess its performance. <BR> 2025-04-012025-12-31UnauditedConsolidated1187113000064215000012513280000169274000023846000022000019511400002649100001108600000336611000086221800003891100000038911000001068050000-338900001034160000028569400000004402100003297150000-44400003292710000320229000094860000319675000095960000131680000124.3224.270024.3224.27Other Expenses1330670000Other Expenses3366110000Remeasurement of defined benefit liability-5500000Share of OCI of associates and joint ventures, net of tax-6230000-11730000Remeasurement of defined benefit liability-11500000Share of OCI of associates and joint ventures, net of tax-2950000-14450000-1410000-2920000Exchange differences on translating financial statements of foreign operations15800001580000Exchange differences on translating financial statements of foreign operations7090000709000000-8740000-4440000UnauditedtrueB S R & Co. LLPtrue2028-07-31