BLUECOAST2025-10-012025-12-31BLUECOAST2025-04-012025-12-31BLUECOAST2025-10-012025-12-31in-capmkt:OtherExpenses1MemberBLUECOAST2025-04-012025-12-31in-capmkt:OtherExpenses1MemberBLUECOAST2025-10-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss1BLUECOAST2025-04-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares531495BLUECOASTNOTLISTEDINE472B01011Blue Coast Hotels LimitedMain BoardEquity2025-04-012026-03-312026-02-132026-02-09INRLakhsQuarterlyThird quarterSingle segmentHotel2026-02-1313:00:002026-02-1314:15:00Not applicable2025-10-012025-12-31UnauditedConsolidated1000000366700046670000001861000441100067700014900008439000-37720000-37720000000-37720000000-37720001145000-262700017192500010-0.15-0.1300-0.15-0.131. The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 13, 2026. Limited review has been carried out by the statutory auditors. <BR> <BR> 2. Pursuant to the handover of the Company’s only operating asset, the Company has incurred recurring losses, resulting in a negative net worth. The company is engaged in Hotel Business Segment. <BR> <BR> 3. During the financial year ended March 31, 2019, the Company handed over the possession of its sole operational asset, ‘Park Hyatt Goa Resort & Spa’, in compliance with the directions of the Hon’ble Supreme Court of India. This development has significantly affected the Company’s ability to continue as a going concern. Notwithstanding the aforesaid, the title to the aforementioned hotel property continues to vest with the Company. The Company has invoked its right of redemption and has accordingly filed a Redemption Petition before the Hon’ble High Court of Bombay at Goa. The said petition is currently pending adjudication. The final outcome of these proceedings may have a bearing on the purported sale of the hotel property located in Goa. <BR> <BR> 4. Pursuant to a SEBI investigation, the Company and its officials were issued a Show Cause Notice dated 04.03.2025 under Rule 4(1) of the SEBI (Procedure for Holding Inquiry and Imposing Penalties) Rules, 1995, alleging violations of the SEBI LODR Regulations and applicable Indian Accounting Standards. The Company and its Whole-Time Director (“WTD”), without admitting or denying the findings of fact and conclusions of law, filed settlement application, which was approved by SEBI vide Settlement Order dated 14 January 2026, upon payment of settlement amounts of Rs. 78.00 lakhs by the Company and Rs. 11.37 lakhs by the WTD. Accordingly, the proceedings stand disposed off. <BR> <BR> 5. Upon being referred from the Hon’ble Supreme Court, the Company has filed an Objection Petition before the Ld. Recovery Officer, acting on behalf of the Hon’ble Justice R.M. Lodha (Retd.) Committee in the matter of PACL Ltd., re-asserting its rightful claim over the balance auction proceeds of the Goa Hotel Property to the extent of Rs. 8500.00 lakhs, along with accrued interest, being the surplus amount out of the total auction proceeds of Rs. 51544.00 lakhs from the auction of the “Hotel Park Hyatt Goa Resort & Spa” owned by the Company. While dealing with the claim/ objection the Ld. Recovery Officer vide Order dated 10.11.2025, the company has held liable to pay Rs. 26604.00 lakhs to PACL Ltd., and it also directed IFCI to remit Rs. 8500.00 lakhs with Interest from the Goa Hotel sale proceeds lying with it, to the Committee, subject to the final adjudication of proceedings pending before Bombay High Court, Goa Bench (W.P. No. 924 of 2018). <BR> The Company, being aggrieved by the order dated 10.11.2025, approached the Hon’ble Supreme Court seeking appropriate directions. The Hon’ble Court has been pleased to clarify that the Company is entitled to file an appeal under Section 15T of the SEBI Act. An appeal has been filed U/s 15T of the SEBI Act by the company which is pending adjudication. <BR> <BR> 6. In the absence of profits, the Company is currently in default with respect to the payment of dividend on redeemable preference shares amounting to Rs. 485.09 lakhs, and the redemption amount of the 0.01% Redeemable Preference Shares, which stands at Rs. 551.89 lakhs due on 31.12.2025. <BR> <BR> 7. The Company's accumulated operational losses and negative net worth as on 31.12.2025 indicates that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern. The management believes that the company's future business plans and expected financial support from its wholly owned Subsidiary Company, M/s Blue Coast Hospitality Limited, to the extent which may be required by the Company to meet its obligations in future, mitigates these uncertanities. Considering these factors, the financial statements for the quarter ended 31.12.2025 have been prepared by the management on a going concern basis. <BR> 2025-04-012025-12-31UnauditedConsolidated804500034580001150300000056450001294000020950001035100031031000-195280000-195280000000-195280000000-19528000-1566000-2109400017192500010-1.26-1.100-1.26-1.1Other Expenses1490000Other Expenses10351000Net change in Fair Values of investments carried at fair value through OCI11450001145000Net change in Fair Values of investments carried at fair value through OCI-1566000-1566000001145000-1566000