Asian Hotels (East) Limited — Board Meeting, 14-08-2025: Outcome of Board Meeting

Asian Hotels (East)'s board has approved the financial results for the quarter ended June 30, 2025. The company reported consolidated revenue of Rs 24.86 Cr, but a net loss of Rs 6.53 Cr. Auditors raised a significant concern: an unrecorded impairment of Rs 69.91 Cr for a subsidiary’s assets, which if recognized, would escalate the net loss to Rs 76.43 Cr. They also noted a Rs 56.09 Cr delay in recovering interest from Asian Hotels (West) Ltd. Separately, the acquisition of Hyatt Regency Mumbai by a subsidiary is underway, with physical possession already taken.