Reply to Clarification- Financial results

REGISTERED OFFICE: 6TH FLOOR, ARIA TOWERS, J.W.MARRIOTT, NEW DELHI AEROCITY, ASSET AREA 4, HOSPITALITY DISTRICT, NEAR IGI AIRPORT NEW DELHI 110037 TEL.:011 41597329 FAX: 011 41597321 CIN NO. L55101DL2007PLC157518 WEBSITE: www.asianhotelswest.com Email: cs@asianhotelswest.com ASIAN HOTELS (WEST) LIMITED August 03, 2026 Listing Compliance Department National Stock Exchange of India Limited (NSE) Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai – 400051 SUBJECT: REPLY TO QUERY PERTAINING TO FINANCIAL RESULTS SUBMITTED FOR QUARTER ENDING JUNE 30, 2025. Dear Sir/Ma’am, 1. We Asian Hotels (West) Ltd. (hereinafter referred to as the “Company”) are in receipt of the queries uploaded on NEAPS pertaining to financial results submitted for quarter ended June 30, 2025. 2. With regards to the Financial Results submitted in XBRL format for the periods ended June 30, 2025(Consolidated Financial Results), your goodself has stated there exist certain discrepancies in the XBRL submitted for the aforementioned period. In this regard, we respectfully submit that, the Company has filed revised XBL filing of Consolidated results for the quarter ended 30th June 2025, acknowledgement email of the same is attached hereby as “Annexure A”. 3. With regards to the non-submission of corresponding quarter end period (i.e. 30.06.2024) in the consolidated results for the quarter ended 30.06.2025, please find attached herewith signed pdf file as Annexure B. 4. We hope that the submissions made herein adequately address the queries raised. However, if any additional clarification or documentation is required from our end, we request your goodself to kindly let us know. We remain fully committed to extending our cooperation. Thanking you For Asian Hotels (West) Limited Nidhi Khandelwal Company Secretary and Compliance Officer Encl: as above Annexure - A Outlook Integrated Filing- Financails Submitted by Asian Hotels (West) Limited From neaps@nse.co.in <neaps@nse.co.in> Date Wed 7/15/2026 5:22 PM To Nidhi Khandelwal <CS@asianhotelswest.com> Dear Sir/Madam, Thanks for filing through NSEs Electronic Application Processing System (NEAPS). The Exchange has received the submission for Integrated Filing- Financails 15-JUL-2026. Regards, National Stock Exchange of India Limited. Listing Compliance Direct No. 2659 8458/8235/8236 Annexure - B Asian Hotels (West) Limited CIN:L55101DL2007PLC157518 Tel: 011-41597329, Website: www.asianhotelswest.com Statement of Consolidated Financial Results for the year ended 30 June,2025 (A1l amount in % lakhs, unless otherwise stated) Consolidated Quarter ended Year Ended Particulars June30,2025 | March31,2025 | June30,2024 | March31,2025 (Unaudited) (Unaudited) | (Unaudited) (Audited) INCOME I Revenue from operations 892796 11,476.66 895926 41,05091 1 Other income 24108 26841 23614 1,00054 1l Total income (I+11) 9,169.04 11,745.07 9,195.40 42,051.45 IV EXPENSES Cost of consumption of foud, beverages and others 87850 1,022.55 7886 53,999.58 Employee benefits expense 1,395.21 1,409.07 1,238.01 522336 Finance Cost 1,407.60 1,268.88 1,867.95 6,807.30 Depreciation and amortisation expense 1,099.06 1,03112 903.92 4,08281 Other expenses 325943 446213 3,026.56 14,799.85 ‘Total expenses (IV) 5,039.89 9,204.74 7,915.33 34,912.89 V' Profit/ (loss) before exceptional items and tax (I-1V) 112915 2510.33 1,280.07 7,138.56 V1 Exceptional Items(Net) (refer note no.6) - 810.70 - 2,679.78 VII Profit/ (Loss) after exceptional items and before tax (V-V1) 112915 172963 128007 445578 VIII Tax expense (1) Current tax - - - - (2) Minimum alternate tax credit written off / (entitlement) - = = = (2) Income tax adjustments relating to carlier year - 3691 3691 (3) Deferred tax 32095 178745 (477.94) 44214 Total tax expense (VIIT) 320,95 1,624.36 (@77.99) 479.05 IX Profit/(loss) for the year (VII-VII)) 808.20 (94.73) 1,758.01 3979.73 IX Other comprehensive income / (Loss) Items that will not be reclassified to profit or loss: - Remeasurement gains/ (losses) on defined benefit obligation (L67) (3016) 045 (20.20) - Income tax relating to items that will not be reclassified to profit or loss 042 759 (012) 7.35 Total other comprehensive income (net of tax) (1.25) (.50) 0.36 1.85)| XI Total comprehensive income for the year (IX +X) 506,95 (99.53) 175837 3,957.85 X Paid-up equity share capital 1165.12| 1165.12| 116512 1165.12] (Face value of 2 10 per share) - - - (8,965.96) XIIL Other Equity Profil/ (loss) attributable to: Owners of Asian Hotels (West) Limited 808.07 (©4.72) 175773 3,979.73 Non Controlling Interest 013 -0.02 028 - Other Comprehensive income atfributable to: Owmers of Asian Hotels (West) Limited (125) (@80 036 (21.85) Non Controlling Interest 0.00 (0.00) - - Total Comprehensive income attributable to: Owners of Asian Hotels (West) Limited 806.52 (99.52) 1,758.09 53,9578 Non Controlling Inferest 013 028 - Earning per equity share of face value of 3 10 each - Basic earnings per equity share (in 3) 694 (081) 15.09 3416 - Diluted earnings per equity share (in ) 694 ©81) 1509 3416 n-Executive Director Place :N ew Delhi Date : 23-09-2025 Asian Hotels (West) Limited CIN: L55101DL2007PLC157518 Regd Office:- Aria Towers, 6th Floor, JW Marriott Hotel, Asset Area -4, Aerocity, Hospitality District, New Delhi - 110037 Tel : 011-41597329, Website: www.asianhotelswest.com Notes: 1 The consolidated financials results of the Asian Hotels (West) Limited ("the Company") have been prepared in accordance with Indian Accounting Standards ('Ind AS') as prescribed under section 133 of the Companies Act, 2013 read with Rule 3 of Companies (Indian Accounting Standards) Rules, 2015 as amended, and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 ('the Regulation'), read with SEBI Circular dated July 5, 2016. 2 The above consolidated financial results of the Company for the quarter June 30, 2025 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on September 23, 2025. The statutory auditors have carried out limited review on the above financials results. The Group is operating only in one reportable segment at one location viz. "Hotel" and therefore, the disclosure requirement of the relevant accounting standards are not applicable. 4 Novak Hotels Private Limited ("Saraf Group® or “lender”) had advanced an amount of % 37,100 lakhs till March 31, 2024 and further Rs.1,900 Lakhs during the year thus aggregating to Rs.39,000 Lakhs to the Holding Company which was utilized for making all payments to creditors, all other regulatory and necessitated expenses. The amount was received in terms ofa framework agreement between the promoters of the Holding Company and Saraf Group entered into as part of the insolvency resolution process of the Holding Company. Whilst the Holding Company is not a party to the framework agreement, the Holding Company has been informed by its promoters, who are also on the Board of Directors of the Holding Company, that the amount was in the nature of a loan and has accordingly been disclosed as “Borrowings” in note 22 to the standalone financial statements. The Holding Company is in the process of executing the loan documents with the lender in respect of the said borrowing, and finalising and agreeing to the terms and condition of the loan, including the nature of security, inferest rate and terms of repayment. The Holding Company had recognized an interest expense of ¥2,200 lakhs during fhe previous year ended March 31, 2024. Further, the Holding Company has recognized an interest expense of 198 lakhs being 9% p.a. on 22,200 lakhs as on March 31, 2025. Further quantum of interest amount under finalization and will be booked once approved in Board. 5 Previous period figures have been regrouped and reclassed wherever necessary. For Asian Hotels pAest) Limited Place : New Delhi Date : 23-09-2025