ALPHA TRIBE

Asian Hotels (North) LimitedBoard Meeting, 14-08-2025: Outcome of Board Meeting

14-08-2025 | 01:34 pm

Asian Hotels (North) Ltd's board has approved its standalone financial results for Q1 FY26. Revenue from operations was ₹70.29 Cr, leading to a net loss of ₹13.55 Cr, with EPS at (₹6.97). The company secured a new ₹95.66 Cr loan. Despite defaults of ₹249.72 Cr in principal and ₹89.60 Cr in interest on an old loan, management is confident in continuing operations, driven by improving profitability and cost-cutting. Consolidated financials are not presented due to the liquidation of foreign subsidiaries.

No comments yet. Be the first to comment!

All announcements from Asian Hotels (North) Limited