Asian Hotels (North) Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting

Asian Hotels (North) Limited has announced a board meeting on May 28, 2025, approving the financial results for the quarter and year ended March 31, 2025. The company posted a strong net profit of Rs. 174.18 Cr for the quarter and Rs. 187.26 Cr for the year, reversing past losses due to a one-time settlement with lenders that contributed a Rs. 184.67 Cr exceptional gain. Operationally, profitability is improving with ongoing cost-cutting efforts. The board appointed M/s Chandrasekaran Associates as Secretarial Auditors for five years and reappointed M/s Agarwal U R S & Company as Internal Auditors for FY26.