AHLEAST2023-07-012023-09-30 AHLEAST2023-07-012023-09-30 AHLEAST2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member AHLEAST2023-07-012023-09-30in-bse-fin:OneOperatingExpenses02Member AHLEAST2023-07-012023-09-30in-bse-fin:OneOperatingExpenses03Member AHLEAST2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member AHLEAST2023-07-012023-09-30in-bse-fin:FourOperatingExpenses02Member AHLEAST2023-07-012023-09-30in-bse-fin:FourOperatingExpenses03Member AHLEAST2023-09-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 533227 AHLEAST NOTLISTED Asian Hotels (East) Limited Equity 2023-04-01 2024-03-31 2023-11-09 2023-11-03 INR Lakhs Half yearly 12:30:00 17:20:00 2023-11-09 2023-11-09 true Cash Flow Indirect Not applicable Single segment Hotel business 2023-07-01 2023-09-30 Unaudited Consolidated 207848000.00 8065000.00 215913000.00 32043000.00 0.00 0.00 58475000.00 0.00 9093000.00 92804000.00 192415000.00 23498000.00 81554000.00 105052000.00 9146000.00 17378000.00 26524000.00 0.00 78528000.00 0.00 0.00 0.00 0.00 78528000.00 238000.00 78766000.00 78528000.00 0.00 78767000.00 0.00 172917000.00 10 4.54 4.54 0.00 0.00 4.54 4.54 1. The above unaudited financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 9th November 2023 as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Statutory Auditors of the Company have carried out a Limited Review of the aforesaid results. 2. Discontinued operations for the quarter ended June 2022 and year ended 31st March 2023 represents profit from the assets and liabilities of the Securities Trading Unit ( STU ) which have been transferred pursuant to the Scheme of Arrangement for Demerger and Reduction of Capital in the previous financial year. 3. The Company is primarily engaged in only one segment, i.e. the business of Hotel operations, and thus the separate reporting as per the Ind AS-108 Operating Segments is no longer required. 4. Exceptional items in quarter-ended and half-year ended 30th September 2023 represents reversal of provision for VAT amounting to Rs 815.54 lakhs relating to a demand by the WBVAT department which was quashed by the West Bengal Tax Tribunal (WBTT) by an order dated 04-08-2023. 5. The Income Tax Department has passed an Assessment order u/s 143(3) of the I.T. Act, 1961 on 30.09.2022 determining additional Income tax liability of Rs 143.71 crores for the Assessment Year 2020-21. The Company has preferred an appeal before CIT(A) and filed application for stay of demand and rectification of mistakes u/s 154 of the I.T. Act, 1961 before the Assessing Officer. The demand has now been reduced to Rs. 139.28 Cr. pursuant to a rectification order passed u/s 154. The Company has been legally advised by tax experts of having merits in its Appeal and hence no provision has been made in the accounts. The hearing of the Appeal is yet to take place. 6. This Statement is as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Statement of Assets and Liabilities and Cash Flow Statement are annexed herewith. 7. Figures of the previous periods are regrouped, wherever necessary. Single segment 2023-04-01 2023-09-30 Unaudited Consolidated 426765000.00 15774000.00 442539000.00 63965000.00 0.00 0.00 111881000.00 0.00 17976000.00 187168000.00 380990000.00 61549000.00 81554000.00 143103000.00 11806000.00 24465000.00 36271000.00 0.00 106832000.00 0.00 0.00 0.00 0.00 106832000.00 476000.00 107308000.00 106832000.00 0.00 107308000.00 0.00 172917000.00 10 6.18 6.18 0.00 0.00 6.18 6.18 Fuel, Power & Light 18472000.00 Operating and General Expenses 62891000.00 Repairs, Maintenance & Refurbishing 11441000.00 Fuel, Power & Light 37101000.00 Operating and General Expenses 125028000.00 Repairs, Maintenance & Refurbishing 25039000.00 0.00 1162439000.00 30856000.00 0.00 621306000.00 1274000.00 0.00 0.00 0.00 0.00 0.00 0.00 2571000.00 2571000.00 67440000.00 0.00 1885886000.00 11897000.00 0.00 51517000.00 4907000.00 470506000.00 0.00 7257000.00 534187000.00 0.00 30441000.00 576525000.00 0.00 0.00 2462411000.00 172917000.00 1920309000.00 2093226000.00 2093226000.00 0.00 0.00 1873000.00 1873000.00 9514000.00 126057000.00 0.00 0.00 137444000.00 0.00 46184000.00 71430000.00 117614000.00 91070000.00 23057000.00 0.00 0.00 231741000.00 0.00 0.00 369185000.00 2462411000.00 0.00 -1826000.00 19827000.00 0.00 0.00 0.00 9000000.00 0.00 0.00 39870000.00 0.00 0.00 0.00 17976000.00 0.00 0.00 3832000.00 0.00 0.00 0.00 0.00 15773000.00 0.00 0.00 0.00 0.00 0.00 -80004000.00 0.00 -7098000.00 136005000.00 0.00 0.00 0.00 27244000.00 0.00 108761000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1000.00 10063000.00 -74202000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 915000.00 0.00 0.00 0.00 0.00 10989000.00 0.00 0.00 0.00 -74190000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 915000.00 0.00 0.00 0.00 42844000.00 0.00 0.00 0.00 -41929000.00 -7358000.00 0.00 -7358000.00 12267000.00 4909000.00 318000.00 636000.00 80000.00 160000.00 0.00 0.00