Asian Hotels (East)'s Q1 FY 2025-26 Quarterly Results

Result Summary

• Asian Hotels (East) Ltd reported a 58.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 22.5%.
• Its expenses for the quarter were down by 11.8% QoQ and 5.0% YoY.
• The net profit decreased 133.9% QoQ and increased 1574.4% YoY.
• The earnings per share (EPS) of Asian Hotels (East) Ltd declined at 3.77 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Asian Hotels (East) Ltd is a prominent name in the hospitality industry, primarily operating hotels and resorts. The company's portfolio consists of luxury hotels offering high-end accommodations, dining, and event facilities. It caters to both leisure and business travelers, providing a range of services to enhance guest experiences. The company has made significant strides in enhancing its service offerings, focusing on customer satisfaction and expanding its market presence. However, detailed information about recent major developments is not available from the provided data.

Revenue

In the first quarter of the fiscal year 2026, Asian Hotels (East) Ltd reported a total income of ₹25.11 crores. This figure marks a significant decrease of 58.1% from the previous quarter's income of ₹60.00 crores and a 22.5% decline compared to the same quarter in the previous fiscal year, where the total income was ₹32.39 crores. The substantial quarterly and annual declines in revenue highlight a challenging period for the company, reflecting fluctuations in demand or other external factors affecting income.

Profitability

The profitability metrics of Asian Hotels (East) Ltd for Q1FY26 reveal a notable downturn. The company recorded a loss before tax of ₹4.99 crores, compared to a profit before tax of ₹25.89 crores in the previous quarter and ₹0.72 crores in Q1FY25. This represents a 119.3% decrease quarter-over-quarter and a 793.1% year-over-year decline. The tax expense for Q1FY26 was ₹1.54 crores, showing a 76.7% reduction from the previous quarter but a 38.7% increase from the same period last year. Consequently, the company incurred a net loss after tax of ₹6.53 crores, compared to a net profit of ₹19.28 crores in Q4FY25 and a net loss of ₹0.39 crores in Q1FY25. The earnings per share also reflected this downturn, with a negative ₹3.77 compared to ₹11.15 in the previous quarter and negative ₹0.22 in the same quarter of the prior year.

Operating Metrics

Asian Hotels (East) Ltd experienced a reduction in its total expenses, which amounted to ₹30.10 crores in Q1FY26. This marks an 11.8% decrease from the previous quarter's total expenses of ₹34.11 crores and a 5.0% decrease compared to Q1FY25, where expenses were ₹31.67 crores. Despite the reduction in expenses, the company reported a negative earnings per share and continued to face a challenging operating environment. The company's focus on cost management is evident, yet the overall financial performance highlights a period of operational and financial challenges.