Paresh Bhathna

“Before I discuss the quarter, a brief note on comparability. Q2F527 and Q2F526 are presented on like-for-like reported basis. The principal items affecting comparability are Alloft Whitefield, which remain non-operational, Soham Leisure, Finest, and Sol de Goa, which was not part of our portfolio in the previous year.”

“Before turning to the quarter's performance, a brief note on comparability. With the acquisitions completed in August 2024, now fully annualized, both Q1-FI27 and Q1-FI26 are presented on a like-for-like reported basis.”

“FY26 has been an exceptional performance with results that demonstrate both the strength of our platform and a disciplined approach to value creation. This has translated into healthy cash generation and continued balance sheet strength.”

“Mentev is steadily strengthening its financial foundation with lowering funding costs, improving leverage. Strong liquidity and robust credit ratings, providing the confidence and capacity to pursue disciplined value-accreditive growth.”