5332272026-01-012026-03-315332272026-03-315332272025-03-315332272025-04-012026-03-315332272026-01-012026-03-31in-capmkt:OtherExpenses1Member5332272026-01-012026-03-31in-capmkt:OtherExpenses2Member5332272026-01-012026-03-31in-capmkt:OtherExpenses3Member5332272025-04-012026-03-31in-capmkt:OtherExpenses1Member5332272025-04-012026-03-31in-capmkt:OtherExpenses2Member5332272025-04-012026-03-31in-capmkt:OtherExpenses3Member5332272026-03-31OtherNoncurrentFinancialAssetsDomain15332272026-03-31OtherNoncurrentFinancialAssetsDomain25332272026-03-31OtherNoncurrentFinancialAssetsDomain35332272026-03-31OtherNoncurrentAssetsDomain15332272026-03-31OtherNoncurrentAssetsDomain25332272026-03-31OtherCurrentFinancialAssetsDomain15332272026-03-31OtherCurrentFinancialAssetsDomain25332272026-03-31OtherCurrentAssetsDomain15332272026-03-31OtherCurrentAssetsDomain25332272026-03-31OtherCurrentAssetsDomain35332272026-03-31OtherNoncurrentFinancialLiabilitiesDomain15332272026-03-31OtherCurrentFinancialLiabilitiesDomain15332272026-03-31OtherCurrentFinancialLiabilitiesDomain25332272026-03-31OtherCurrentFinancialLiabilitiesDomain35332272026-03-31OtherCurrentFinancialLiabilitiesDomain45332272026-03-31OtherCurrentFinancialLiabilitiesDomain55332272026-03-31OtherCurrentLiabilitiesDomain15332272026-03-31OtherCurrentLiabilitiesDomain25332272026-03-31OtherCurrentLiabilitiesDomain35332272026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15332272025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15332272026-01-012026-03-31AuditorDomain15332272026-01-012026-03-31in-capmkt:AuditedMember5332272026-03-31in-capmkt:AuditedMember5332272026-01-012026-03-31in-capmkt:AdjustedMember5332272026-03-31in-capmkt:AdjustedMember5332272026-01-012026-03-31AuditQualification15332272026-01-012026-03-31AuditQualification2iso4217:INRiso4217:INRxbrli:shares533227AHLEASTNOTLISTEDINE926K01017Asian Hotels (East) LimitedMain BoardEquity2025-04-012026-03-312026-07-092026-06-25INRLakhsQuarterlyFourth quarterSingle segmentHotel Business2026-07-0912:30:002026-07-0916:20:00trueCash Flow IndirectStatement on impact of audit qualification2026-01-012026-03-31AuditedConsolidated3433200002325000345645000356200000066842000500012568000126910000241945000103700000010370000030585000-184000028745000074955000000074955000-23300074722000749550000747220000172917000104.334.33004.334.33Please refer to the pdf file of the outcome of the board meeting for detailed notes on financial results.2025-04-012026-03-31AuditedConsolidated12228740005916000122879000013758800000251773000203149000464150004622410001101166000127624000-621306000-49368200098582000-5860000927220000-5864040000000-586404000401000-586003000-5864040000-5860030000172917000101659478000-33.91-33.9100-33.91-33.91Fuel, Power & Light15031000Repairs, Maintenance & Refurbishing16071000Operating and General Expenses95808000Fuel, Power & Light66871000Repairs, Maintenance & Refurbishing57441000Operating and General Expenses337929000120983500046401590000014800000000036041000360410001299850001656990006181867000111010002611900043458000511270002382000005711070007156310000113637000840369000007022236000172917000165947800018323950000183239500013668030000001185500013786580001204500012222300001512926000292438100042890001351580001394470004984610003562289000731620002820100013263000036769150000051898410007022236000Security Deposits781000Fixed Deposits with bank for maturity for more than 12 months35229000Interest accrued on Fixed Deposits31000Capital Advances164626000Prepaid Expenses1073000Interest accrued561107000Fixed Deposits less than 12 months10000000Advance to suppliers15361000Prepaid Expenses12424000Balance with statutory authorities85852000Security Deposit11855000Salary payable5758000Unpaid dividends1431000Expenses payable5318000Interest payable on loans452094000Others33860000Advance from customers30185000Statutory dues39977000Others30000002031490002807000250110000000-824610000341600003748000046415000032850001896000000026800000800000-2192000621306000-212000082356800032988600000010714200002227440000000000034500063025600010052000000000000000324550000000264800000-649666000000000002171461000148940900001729200020665800000458102000311800000311800001994700051127000Remeasurement of defined benefit liability-312000-312000Remeasurement of defined benefit liability535000535000-7900013400000-233000401000AuditedQualified opinionM/s Singhi & Co.true2028-08-311228790000122879000011011660001179346000-493682000-571862000-33.91-38.43702223600069440560005189841000518984100018323950001754215000As disclosed in note 3 to the statements, an order dated November 02, 2024 (the “Order”) was issued by the Government of Odisha through the General Administration and Public Grievance Department, citing non-compliance by GJS Hotels Limited, a wholly owned subsidiary (the “subsidiary”) with certain terms and conditions of the lease deed. Pursuant to this Order, the subsidiary was directed to vacate the property located in Odisha and the performance bank guarantee of Rs.350 lakhs, furnished by the Holding Company, was invoked. The subsidiary has filed a writ petition before the Hon’ble High Court of Orissa challenging the said Order. As at March 31, 2026, the subsidiary’s investments in the said right of use asset along with capital work in progress amounts to Rs. 781.80 lakhs. <br /> <br /> The events and circumstances as described above, including the surrender of the property to the government, bank guarantee being invoked, and the financial position of the subsidiary, raise significant doubt regarding the recoverability of subsidiary’s investments in the said asset along with capital work in progress. However, no provision for impairment has been recognized in respect of these exposures in the financial statements, which, in our opinion, is not in accordance with the requirements of Indian Accounting Standard (Ind AS) 36 - Impairment of Assets. <br /> <br /> Had the aforesaid impairment of assets been recognised, the total expenses for quarter and year ended March 31, 2026 would have been higher by Rs. 781.80 lakhs and Rs. 781.80 lakhs respectively, resulting in a reduction in the reported net profit after tax to Rs. (-) 32.25 lakhs from the reported Rs. 749.55 lakhs and Rs. (-) 6645.84 lakhs from the reported Rs. (-) 5864.04 lakhs respectively. Consequently, the total comprehensive income for quarter and year ended March 31, 2026 would have been Rs. (-) 34.58 lakhs instead of the reported Rs. 747.22 lakhs and Rs. (-) 6641.83 lakhs instead of the reported Rs. (-) 5860.03 lakhs respectively, and the earnings per share would have been Rs. (-) 0.19 as against the reported Rs. 4.33 and Rs. (-) 38.43 as against the reported Rs. (-) 33.91 respectively. Further, other equity would have been reduced by Rs. 781.80 lakhs as on March 31, 2026. Qualified opinionRepetitiveBased on the current legal status and management’s assessment, the matter will be resolved in favour of GJS. Accordingly, no provision for impairment in respect of said assets has been considered necessary in the audited consolidated financial result.NANANARefer to Note 4(b) of the accompanying consolidated financial results, which states that there has been a delay in recovering interest amounting to Rs. 5608.88 lakhs, accrued till March 31, 2025 and outstanding as at March 31, 2026, from Asian Hotels (West) Limited (“AHWL”). The Group’s management is actively pursuing recovery from AHWL and expects to recover the entire amount. However, in the absence of sufficient audit evidence to support the recoverability of the aforesaid amount, we are unable to determine the possible effect, if any, on the accompanying consolidated financial results.Qualified opinionWhether appeared first timeNANAThere has been a delay in the receipt of interest income accrued and outstanding as on 31 March 2025, from AHWL amounting to Rs. 5608.88 lakhs. Novak's management is actively engaged in negotiations and based on its assessment, expects the amount to be recoverable as at the reporting date, however confirmation from the AHWL is awaited. Any impact arising from the outcome of these negotiations, if and when crystallised, will be accounted for in the books of account.NoUmesh SarafBimal Kumar JhunjhunwalaShourya SenguptaJoyanta BatabyalKolkata2026-07-09