Asian Hotels (North) reports consolidated net loss of Rs 623.69 crore in the March 2021 quarter

Sales decline 42.27% to Rs 31.89 crore

Net Loss of Asian Hotels (North) reported to Rs 623.69 crore in the quarter ended March 2021 as against net loss of Rs 27.61 crore during the previous quarter ended March 2020. Sales declined 42.27% to Rs 31.89 crore in the quarter ended March 2021 as against Rs 55.24 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 694.26 crore in the year ended March 2021 as against net loss of Rs 59.08 crore during the previous year ended March 2020. Sales declined 71.24% to Rs 72.58 crore in the year ended March 2021 as against Rs 252.39 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales31.8955.24 -42 72.58252.39 -71 OPM %-7.0913.45 --31.1521.58 - PBDT-33.22-24.87 -34 -109.00-57.62 -89 PBT-38.33-29.21 -31 -125.82-75.56 -67 NP-623.69-27.61 -2159 -694.26-59.08 -1075

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