Asian Hotels (North) Limited — Others, 28-05-2025: Appointment

Asian Hotels (North) Limited has announced a board meeting approving the financial results for the quarter and year ended March 31, 2025. The company posted a net profit of Rs. 174.18 Cr for the quarter and Rs. 187.26 Cr for the year, reversing previous losses mainly due to a one-time lender settlement that led to a Rs. 184.67 Cr exceptional write-back. Operating profits are improving with cost controls. Promoter shares have been reclassified to public, and consolidated financials won’t be presented following liquidation of foreign subsidiaries. New secretarial and internal auditors were appointed for FY 2025-26.