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Asian Hotels (North) Ltd Q1FY24; 19% rise in Revenue

Asian Hotels (North) Limited was established in 1980. The Company primarily operates in one business segment i.e. Hospitality/Hotel Operations, and set up their room facilities for guests during the Asian Games in the year 1982. The Hotel started operating commercially in 1983.

Financial Results:

Asian Hotels (North) Ltd reported Revenues for Q1FY24 of ₹63.00 Crores up from ₹53.00 Crore year on year, a rise of 18.87%.

Total Expenses for Q1FY24 of ₹84.00 Crores down from ₹87.00 Crores year on year, a fall of 3.45%.

Consolidated Net Profit of -₹20.00 Crores from -₹33.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹10.31, from -₹17.18 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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