Asian Hotels (North) Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
ASIANHOTNR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Asian Hotels (North), which owns Hyatt Regency Delhi, reported Q1 FY26 revenue from operations of Rs 70.29 crore, up about 13% from Rs 62.13 crore in Q1 FY25. Net loss narrowed sharply to Rs 13.55 crore (EPS of -Rs 6.97) from a loss of Rs 25.26 crore (EPS of -Rs 12.99) a year ago, helped by lower interest expenses (Rs 18.51 crore vs Rs 34.09 crore). However, the company disclosed major loan defaults: Rs 249.72 crore in principal and Rs 89.60 crore in interest remain unpaid to DBS Bank assigned to M/s Star Strength. The auditor flagged going concern, borrowings status, and non-presentation of consolidated financials as Emphasis of Matter, though the review report remains unqualified. Reserves continue to be negative at Rs (142.36) crore.
Operational performance is clearly improving with revenue growth and sharply lower losses, but the ~Rs 339 crore debt default and negative reserves keep the stock in distressed territory. Shareholders should watch for progress on the OTS (one-time settlement) with lenders, as debt resolution remains the key swing factor for the stock.