5000232025-07-012025-09-305000232025-09-305000232025-03-315000232025-04-012025-09-305000232025-07-012025-09-30in-capmkt:OtherExpenses1Member5000232025-04-012025-09-30in-capmkt:OtherExpenses1Member5000232025-07-012025-09-30RelatedPartyTransactionDomain15000232025-06-30RelatedPartyTransactionDomain15000232025-09-30RelatedPartyTransactionDomain15000232025-07-012025-09-30RelatedPartyTransactionDomain25000232025-06-30RelatedPartyTransactionDomain25000232025-09-30RelatedPartyTransactionDomain2iso4217:INRiso4217:INRxbrli:shares500023ASIANHOTNRNOTLISTEDINE363A01022ASIAN HOTELS (NORTH) LIMITEDMain BoardEquity2025-04-012026-03-312025-11-142025-11-07INRLakhsQuarterlySecond quarterSingle segmentHospitality/Hotel Business2025-11-1417:30:002025-11-1418:30:00trueCash Flow IndirectNot applicabletruetrueNANAfalsetrue2025-02-13https://www.asianhotelsnorth.com/pdf/FY2425/Policy%20for%20Related%20Party%20Transactions_2025.pdffalsetrue2025-07-012025-09-30UnauditedStandalone768971000734030008423740008286400000210749000186085000440470005017990001025544000-183170000-567402000-7505720000-115301000-1153010000-6352710000000-6352710000-63527100019453300010-32.66-32.6600-32.66-32.661) The unaudited financial results of the Company have been prepared in accordance with Indian Accounting Standards ("Ind AS") prescribed under Section 133 of the Companies Act, 2013 ('the Act') read with the relevant rules thereunder and in terms of Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. <BR> 2) The unaudited financial results of the Company were reviewed by the Audit Committee and taken on record by the Board of Directors of the Company at their respective meetings held on November 14, 2025. The statutory auditors have expressed an unmodified review conclusion on these results. <BR> 3) The Company operates only in one major reportable segment, i.e. Hospitality / Hotel Business. Other business segments i.e. power generation operations and Real Estate operations are governed by different set of risks and returns. However, the respective revenue streams and net profit / (loss) related to those segments are not material for the purpose of separate disclosure as a reportable segment. <BR> <BR> 4) Status of Borrowings <BR> The Company has defaulted on the repayment of principal as well as interest on borrowings, aggregating to INR 58,997.32 lakhs and INR 11,653.40 lakhs respectively, outstanding as of 30 September 2025. Additionally, the Company has also breached covenant associated with aforementioned borrowings. Due to these defaults, the Company has recognised interest (including penal interest) amounting to INR 5,674.02 (net) lakhs during the quarter, which has been disclosed as an exceptional item in the financial results for the quarter and year to date ended 30 September 2025. <BR> <BR> Subsequent to the quarter and year to date end, the Company convened an Extra-Ordinary General Meeting on 08 November 2025 to consider and approve a fresh issue of equity shares on a preferential basis amounting to INR 76,494.00 lakhs. The proceeds from this issue are intended to be utilized for the repayment of the aforementioned outstanding borrowings. <BR> <BR> 5) Current Status of Business Operations and Ability to Continuity as Going Concern <BR> The Company has incurred a loss (before exceptional items and tax) of INR 1,831.70 lakhs and INR 2,651.52 lakhs during the quarter and year to date ended 30 September 2025, respectively. The current liabilities also exceed the current assets as of 30 September 2025. Notwithstanding this, the financial results have been prepared on a going concern basis, considering the significant improvement in operating performance, which is expected to be further supported by several cost-reduction measures being adopted by the Company, as well as the management’s plan for repayment of borrowings as stated in Note 4 above. <BR> <BR> 6) During the year ended March 31, 2025, the Company has done One Time Settlement (OTS) with Bank of Maharashtra ("BOM"), J.C. Flowers Asset Reconstruction Private Limited ("JCF"), Standard Capital Markets Ltd.("SCML"), Punjab National Bank ("PNB") and VSJ Investments Private Limited ("VSJ"). Due to such settlement, there is write back of interest as well as Principal on these loans amounting to INR 30,120.56 lakhs which was disclosed as exceptional item. <BR> <BR> 7) The Company is not required to present consolidated financial results for the quarter and year to date ended 30 September 2025, considering: <BR> i) the voluntary liquidation of a foreign subsidiaries, namely Fineline Hospitality & Consultancy Pte Ltd, Mauritius and Lexon Hotels Venture Ltd., Mauritius, resulting in loss of control; and <BR> ii) the incorporation of a new subsidiary, namely AHNL Realty Private Limited, where remittance towards acquisition of shares is pending, resulting in absence of control. <BR> <BR> 8) 'Figures of previous reporting periods have been regrouped/ reclassified wherever necessary to correspond with the figures of the current reporting period. <BR> <BR> 2025-04-012025-09-30UnauditedStandalone147187200076223000154809500015951900000415202000371224000921700007751320001813247000-265152000-567402000-8325540000-61736000-617360000-7708180000000-7708180000-77081800019453300010-39.62-39.6200-39.62-39.62Other Expenses501799000Other Expenses775132000139621260000003142000390430004218500021446400014218775000140009000016322400014921900069480000753900032693000083980000550919000147696940001945320001658051000185258300018525830000272100027210003408000036801000627090000046906000268199000315105000404088500010626890000224309300010327000128803100001291711100014769694000938626000-722200051062000000000-1550724000000921700000000010966200006738000000-694350000103650000-432234000-1264788000000-140440000-12507440000000000020415300085830000000000000000000006738000002023080000000000020635670001382456000002135700000659754000-3886820000-388682000537901000149219000Asian Hotels (North) Limited******Mrs. Mamta Pathak******Relative of Mr. Deena Nath PathakAny other transactionProfessional Charges2400000N.A1200000360000180000Asian Hotels (North) Limited******Dr. Sharad Sharma******Whole Time DirectorAny other transactionAdvance paid for purchase of property in ordinary course of business200000000N.A208300000208300002203000070881000007088100000007088100000