Asian Hotels (West) Limited Regulatory Response Summary
Date and Nature of Exchange Query
Asian Hotels (West) Limited received queries from the National Stock Exchange of India Limited (NSE) regarding its financial results submission for the quarter ending June 30, 2025. The communication from NSE was dated July 15, 2026, and the company responded on August 03, 2026.
Company's Clarification on Filing Issues
The company addressed two specific issues raised by NSE:
1. XBRL Filing Discrepancies: The company acknowledged discrepancies in the XBRL filing of consolidated financial results for the quarter ended June 30, 2025. In response, the company submitted a revised XBRL filing, with the acknowledgement email attached as "Annexure A".
2. Missing Comparative Data: Regarding the non-submission of corresponding quarter-end period (June 30, 2024) in the consolidated results for June 30, 2025, the company attached the signed PDF file as "Annexure B".
Regulatory Compliance Reference
The company's response indicates compliance with SEBI listing requirements, specifically referencing the submission of financial results as per regulatory obligations.
Financial Results Details (Quarter Ended June 30, 2025)
The attached Annexure B contains the following consolidated financial results (all amounts in ₹ lakhs):
Income:
- Revenue from operations: ₹8,959.26
- Other income: ₹2,361.40
- Total income: ₹11,745.07
Expenses:
- Cost of consumption of food, beverages and others: ₹788.60
- Employee benefits expense: ₹1,238.01
- Finance cost: ₹1,268.88
- Depreciation and amortization expense: ₹903.92
- Other expenses: ₹4,462.13
- Total expenses: ₹7,915.33
Profitability:
- Profit before exceptional items and tax: ₹1,129.15
- Exceptional items: None
- Profit after exceptional items and before tax: ₹1,129.15
- Total tax expense: ₹(-320.95) (comprising deferred tax of ₹(-477.94))
- Profit for the period: ₹1,758.01
Other Comprehensive Income:
- Total other comprehensive income: ₹(-1.25)
- Total comprehensive income for the period: ₹1,758.09
Earnings Per Share:
- Basic EPS: ₹15.09
- Diluted EPS: ₹15.09
Additional Notes from Financial Statements:
1. Financial results prepared in accordance with Indian Accounting Standards (Ind AS) and SEBI Listing Regulations
2. Results reviewed by Audit Committee and approved by Board of Directors on September 23, 2025
3. Limited review conducted by statutory auditors
4. Company operates in one reportable segment: "Hotel"
5. Significant note regarding Novak Hotels Private Limited ("Saraf Group") advancing ₹39,000 lakhs to the holding company as part of insolvency resolution process, recognized as borrowings with interest expense of ₹198 lakhs recognized at 9% p.a. on ₹22,200 lakhs as of March 31, 2025