5000232026-04-012026-06-305000232026-04-012026-06-30in-capmkt:OtherExpenses1Memberiso4217:INRiso4217:INRxbrli:shares500023ASIANHOTNRNOTLISTEDINE363A01022ASIAN HOTELS (NORTH) LIMITEDMain BoardEquity2026-04-012027-03-312026-08-102026-08-04INRLakhsQuarterlyFirst quarterSingle segmentHospitality/Hotel Busines2026-08-1016:00:002026-08-1018:12:00Not applicablefalsefalseNot applicable to the Company2026-04-012026-06-30UnauditedStandalone7763430003806000780149000870860000022786800014117500045557000325773000827459000-473100000-473100000-11907000-119070000-354030000000-354030000-3540300042633200010-0.83-0.8300-0.83-0.83NOTES: <br /> 1) The above standalone financial results of the company have been prepared in accordance with the Indian Accounting Standards ["Ind AS"] prescribed under Section 133 of the Companies Act, 2013 ('the Act') read with 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 /> <br /> 2) The above standalone financial results of the company for the Quarter ended June 30, 2026 were reviewed by the Audit Committee and then approved by the Board of Directors at their respective meetings held on August 10, 2026. <br /> <br /> 3) Operating segments are reported in a manner consistent with the internal reporting provided to the chief operating decision-maker. The Managing Director and Chief Executive Officer who is responsible for allocating resources and assessing performance of the operating segments, has been identified as the chief operating decision-maker. From the internal organisation of the Company’s activities and consistent with the internal reporting provided to the chief operating decision-maker and after considering the nature of its services, the ultimate customer availing those services and the methods used by it to provide those services, “Hotel Services” has been identified to be the Company’s sole operating segment. <br /> <br /> 4) 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 473.10 lakhs for the quarter ended 30 June 2026. Further, as at 30 June 2026, the Company’s current liabilities exceed its current assets. Notwithstanding this, the standalone financial results have been prepared on a going concern basis. The management has assessed the Company’s ability to continue as a going concern and is of the view that the significant improvement in operating performance during the recent period, along with various cost optimization measures undertaken and being implemented, will support improved profitability going forward. <br /> <br /> Further, the Company’s liquidity and overall financial position have strengthened significantly following the equity infusion of INR 76,494 Lakhs, which has facilitated a substantial reduction in its debt levels and consequently improved its capital structure, financial flexibility and liquidity position <br /> <br /> 5) On November 21, 2025, the Government of India notified four Labour Codes – the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively referred to as the New Labour Codes) – consolidating 29 existing labour laws, which became effective immediately. The Ministry of Labour and Employment also published FAQs to enable assessment of the financial impact due to changes in regulations. <br /> During the quarter ended June 30, 2026, the Government of India has further notified the final Central Rules under the Labour Codes. <br /> The incremental impact of these changes, assessed by the Company, on the basis of the information available, consistent with the guidance provided by the Institute of Chartered Accountants of India, is not material in the standalone financial results of the Company for the quarter ended June 30, 2026. <br /> The Company continues to monitor the finalisation of State Rules and further Government clarifications on the implementation of the Labour Codes. Once, State Rules are notified by the Government on all aspects of the Codes, the Company will evaluate final impact, if any, on the measurement of employee benefits and would provide appropriate accounting treatment. <br /> 6) The Figures for the quarter ended March 31, 2026 represents the difference between the audited figures in respect of the financial year ended March 31, 2026 and the published unaudited figures of nine months ended December 31, 2025 which were subject to limited review by the Auditors. <br /> 7) Figures of previous reporting periods have been regrouped/ reclassified wherever necessary to correspond with the figures of the current reporting period. <br /> <br /> Other Operating and General Expenses325773000