ROHLTD2023-04-012023-06-30 ROHLTD2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member ROHLTD2023-04-012023-06-30in-bse-fin:OneOperatingExpenses02Member ROHLTD2023-04-012023-06-30in-bse-fin:OneOperatingExpenses03Member ROHLTD2023-06-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532699 ROHLTD NA Royal Orchid Hotels Limited Equity 2023-04-01 2024-03-31 2023-08-07 2023-08-01 INR Lakhs First quarter 12:27:00 12:44:00 2023-08-07 2023-08-07 Not applicable Single segment Hospitality 2023-04-01 2023-06-30 Unaudited Standalone 446131000.00 9665000.00 455796000.00 46687000.00 0.00 0.00 87562000.00 37947000.00 37126000.00 184807000.00 394129000.00 61667000.00 0.00 61667000.00 18290000.00 -3283000.00 15007000.00 0.00 46660000.00 0.00 0.00 0.00 0.00 46660000.00 0.00 46660000.00 0.00 0.00 274252000.00 10 1.70 1.70 0.00 0.00 1.70 1.70 0.00 0.00 0.00 Notes: 1 The standalone the Statement for the quarter ended 300623have been reviewed by the Audit Committee and approved by the Board at their meeting held on 070823 2 The Company has evaluated its operating segments in accordance with Ind AS 108 and has concluded that it is engaged in a single operating segment viz hospitality business 3 The figures for the quarter ended 310323 are the balancing figures between the audited figures in respect of the full financial years and published unaudited year to date figures upto third quarter of the respective financial years Also the figures upto the end of third quarter were subjected to limited review and were not subjected to audit 4 During the year ended 310322 the Company entered into arbitration in respect of one of its leased hotels with the lessor The Company is of the view that it will be able to continue regular operations at the said premise Accordingly no adjustments with respect to lease liabilities and Right-of use assets have been made as on 300623 The Company has been accruing for the unpaid rent from the date of dispute out of which the Company has been directed to make a payment of Rs1350 lakhs basis an interim order dated 141022 issued by the arbitrator The said amount (net of TDS) has been paid to the lessor in two installments ieon 310323 and 060423 5 The SEBI on 310323 issued an Interim Order as a subsidiary of ROHL 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 310322The 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 310322 after considering KSDPL as a subsidiary The order also contains show cause notices to show cause as to why suitable directions/prohibitions under 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 and penalty be not imposed on them 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 and had filed an appeal with the SAT against the order issued by SEBI The SAT on 90523 had stayed the effect and operation of the order cum issued by SEBI till 300623 This has been further extended till 170823 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 Consolidated Financial Statements and accordingly the management is of the view that SEBI’s contention as included in the aforesaid interim order is not tenable 6TheBoardofDirectorsoftheCompanyinitsmeetingheldon300523proposedafinaldividendof20%(Rs2perequityshare)Theproposalissubjecttothe approval of shareholders at the upcoming Annual General Meeting and if approved would result in a cash outflow of Rs 54850 lakhs Other Expenses 111550000.00 Power and Fuel 44088000.00 Rent Expenses 29169000.00 0.00 0.00