ROHLTD2023-10-012023-12-31 ROHLTD2023-10-012023-12-31 ROHLTD2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member ROHLTD2023-10-012023-12-31in-bse-fin:OneOperatingExpenses02Member ROHLTD2023-10-012023-12-31in-bse-fin:OneOperatingExpenses03Member ROHLTD2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member ROHLTD2023-10-012023-12-31in-bse-fin:FourOperatingExpenses02Member ROHLTD2023-10-012023-12-31in-bse-fin:FourOperatingExpenses03Member ROHLTD2023-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532699 ROHLTD NA Royal Orchid Hotels Limited Equity 2023-04-01 2024-03-31 2024-02-09 2024-02-03 INR Lakhs Third quarter 13:15:00 13:30:00 2024-02-09 2024-02-09 Not applicable Single segment Hospitality 2023-10-01 2023-12-31 Unaudited Standalone 539670000.00 7762000.00 547432000.00 55499000.00 0.00 0.00 91869000.00 35454000.00 38394000.00 202163000.00 423379000.00 124053000.00 0.00 124053000.00 32739000.00 -1484000.00 31255000.00 0.00 92798000.00 0.00 0.00 0.00 0.00 92798000.00 0.00 92798000.00 0.00 0.00 274252000.00 10 3.38 3.38 0.00 0.00 3.38 3.38 0.00 0.00 0.00 1.The standalone financial results ( the Statement ) for the quarter and nine months ended 311223have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 090224. The Statutory Auditors of the Company have carried out a limited review of the above financial results and have issued an unmodified report.. 2.The Securities and Exchange Board of India (SEBI) on 310323issued an Interim Order cum Show Cause Notice to the Company, its Managing Director, a Director and its Chief Financial officer (collectively called 'Noticees') for not considering Ksheer Sagar Developers Private Limited ('KSDPL') as a subsidiary of Royal Orchid Hotels Limited and treating it as an associate and thereby overstating the consolidated net profit of the Royal Orchid Group and misrepresenting the consolidated financial statements for the financial year ended 31 March 2022. The interim order has directed the Company to restate its consolidated financial statements for the year ended 310322and prepare its consolidated financial statements for the year ended 310323after considering KSDPL as a subsidiary. The order also contains show cause notices to show cause as to why suitable directions/prohibitions under Sections 11 (1), 11 (4) and 11B (1) of SEBI Act should not be issued against the Noticees. The order also contains show cause notices to show cause as to why inquiry should not be held in terms of Rule 4 of Securities and Exchange Board of India (Procedure for Holding Inquiry and Imposing Penalties) Rules, 1995 and penalty be not imposed on them under Sections 11 (4A) and 11 B (2) read with Section 15HA and/or 15HB of the SEBI Act, 1992 for the above alleged violations of provisions of the SEBI Act, LODR Regulations and PFUTP Regulations. The Company, its Board and its Audit Committee had carried out a detailed evaluation of the above order cum show cause notice and on the advice from its legal counsel had filed an appeal with the Securities Appellate Tribunal ('SAT') against the order cum show cause notice issued by SEBI. The SAT on 090523 had stayed the effect and operation of the order cum show cause notice issued by SEBI till 300623 which was further extended till 170823. On 170823, the Company had requested an opportunity to be heard and respond to the show cause notice issued by SEBI which was granted by the SAT and the stay granted by SAT on 090523 continued to stay in effect. Consequently, the Company has responded to show cause notice issued by SEBI and the matter was heard by SEBI on 301023. The Company had been given time till 151123 to make its additional submissions before SEBI. The Company has submitted its response and is awaiting further communication from SEBI. In the year ended 310322, the management had assessed that due to change in the composition of the Board of Directors of the aforesaid investee company, the Holding Company lost control of the investee company and had accounted for such ‘loss of control’ in accordance with the ‘control assessment’ principles enunciated under Ind AS 110. Based on the Managements evaluation of loss of control and that the above mentioned Interim Order cum Show Cause Notice has been stayed by the SAT, no adjustments, as directed by the said order, had been considered in the consolidated financial results of the Company for the period ended 31122023. Accordingly, no adjustments have been considered necessary in respect of classification of the said investment and provision for penalties, if any, in these standalone financial results. 3.The Company, on 041023 entered into a share purchase agreement with the minority shareholders of one of its subsidiary - Icon Hospitality Private Limited to acquire the remaining shares of the subsidiary. Post the fulfillment of the conditions precedent in the Share Purchase Agreement, the subsidiary has become a wholly owned subsidiary of the Company with effect from 111023. Single segment 2023-04-01 2023-12-31 Unaudited Standalone 1430890000.00 27290000.00 1458180000.00 146245000.00 0.00 0.00 271996000.00 109122000.00 113698000.00 565105000.00 1206166000.00 252014000.00 0.00 252014000.00 71260000.00 -8057000.00 63203000.00 0.00 188811000.00 0.00 0.00 0.00 0.00 188811000.00 0.00 188811000.00 0.00 0.00 274252000.00 10 6.88 6.88 0.00 0.00 6.88 6.88 0.00 0.00 0.00 Other Expenses 122831000.00 Rent expense 38870000.00 power and fuel expense 40462000.00 Other Expenses 342904000.00 Rent expense 95211000.00 power and fuel expense 126990000.00 0.00 0.00 0.00 0.00