How has been the historical performance of Asian Hotels (N)?

Answer:The historical performance of Asian Hotels (N) shows significant fluctuations in key financial metrics over the years.

Breakdown:
Asian Hotels (N) reported net sales of 130.53 Cr in March 2022, a notable increase from 72.58 Cr in March 2021, but a decline from 252.39 Cr in March 2020. The total operating income mirrored this trend, rising to 130.53 Cr in March 2022 from 72.58 Cr in the previous year, yet still down from 252.39 Cr in March 2020. The total expenditure, excluding depreciation, was 124.71 Cr in March 2022, up from 95.19 Cr in March 2021, leading to an operating profit (PBDIT) of 10.07 Cr, a recovery from a loss of 17.93 Cr in March 2021. However, the company faced substantial interest expenses of 109.79 Cr, resulting in a profit before tax of -453.83 Cr in March 2022, an improvement from -694.97 Cr in March 2021. The net profit also showed a slight recovery, standing at -425.37 Cr in March 2022 compared to -694.26 Cr in March 2021. Total assets decreased to 1,517.38 Cr in March 2022 from 1,964.72 Cr in March 2021, while total liabilities also fell to 1,517.38 Cr from 1,964.72 Cr. The cash flow from operating activities was 14.00 Cr in March 2022, down from 40.00 Cr in March 2021, with a closing cash equivalent of 1.00 Cr remaining unchanged from the previous year. Overall, the financial performance indicates a challenging recovery phase for Asian Hotels (N) amidst fluctuating revenues and persistent losses.