Asian Hotels (North) Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting

Asian Hotels (North) Limited's board has approved the financial results for the quarter ended June 30, 2025. The company reported revenue of Rs 70.29 Cr, with a net loss of Rs 13.55 Cr.

During the quarter, the company secured new loans of Rs 95.66 Cr. However, it has defaulted on Rs 249.72 Cr in principal and Rs 89.60 Cr in interest payments to M/s Star Strength. Management affirms the company's going concern status, highlighting improving profitability, cost reduction efforts, and completed One Time Settlements with various financial institutions. Consolidated financials were not presented due to foreign subsidiary liquidations.