Asian Hotels (East) Limited — Results, 12-02-2025: Integrated Filing- Financial
12-02-2025 | 07:29 pm
12-02-2025 | 07:29 pm
Asian Hotels (East) Limited has announced a board meeting on February 12, 2025, to approve unaudited financial results for the quarter ending December 31, 2024. The company reported a revenue from operations of ₹3,255.29 crore, with a net profit of ₹824.58 crore for the period. There's been a significant impact due to its subsidiary GJS Hotels Limited, which is contesting a government order that could result in a forfeiture of a ₹350 crore bank guarantee. Investors may need to monitor the ongoing situation closely as it introduces potential risks, yet the reported growth in revenue signals a positive outlook for core operations.
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