Asian Hotels (North) Q1 Results: Revenue rises to 776M rupees, net loss narrows YoY 2 hrs ago Today
Asian Hotels (North) reported Q1 revenue of 776M rupees, rising from 703M rupees in the year-ago quarter. The company's net loss narrowed sharply to 35M rupees from 135M rupees on a year-on-year basis, indicating a significant improvement in financial performance. The results reflect a positive trend in both top-line growth and loss reduction for the hospitality company.
Asian Hotels (North) Expands into Real Estate with New Subsidiary AHNL Realty
Asian Hotels (North) has incorporated a wholly owned subsidiary, AHNL Realty Private Limited, to enter the real estate market. The new entity, approved on August 08, 2025, has an authorized capital of Rs. 5.00 lakh and will focus on purchasing, selling, and developing properties. Asian Hotels (North) acquired 100% shareholding through a cash subscription of 50,000 equity shares at Rs. 10.00 each. This move aims to diversify the company's operations beyond hospitality and potentially create new revenue streams.
28Jul 25
Asian Hotels (North) Expands into Real Estate with New Wholly Owned Subsidiary
Asian Hotels (North) Limited is expanding into the real estate sector by creating a wholly owned subsidiary. The Board approved this move on July 28, 2025, with the new entity having an authorized capital of Rs. 5,00,000. The company also reappointed Dr. Arun Gopal Agarwal as CEO & Executive Director and Mr. Krishna Kumar Acharya as Executive Director, both for one-year terms subject to shareholder approval.