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(12/11/2026 20:50)

Asian Hotels (North) posts Q2 net loss of Rs 0.37 cr

The company reported standalone net loss during the quarter stood at Rs 0.37 crore as compared to net loss of Rs 63.53 crore in the previous year quarter.

Net revenue of the company rose moderately by 19.05 per cent at Rs 91.55 crore in July-September quarter of this fiscal as against Rs 76.90 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 14.17 per cent to Rs 68.27 crore from Rs 79.54 crore in year ago period.

Other Income dipped by 97.68 per cent at Rs 0.17 crore versus (Sep'25 Rs 7.34 crore).

Operating Profit surged by 981.82 per cent to Rs 23.28 crore as against Rs -2.64 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 839.24 per cent in September quarter.

Interest declined by 22.08 per cent y-o-y to Rs 14.50 crore, while Taxation increased by 102.25 per cent at Rs 0.26 crore (Sep'25 Rs -11.53 crore).