Advent Hotels International Ltd
Advent Hotels Q2 2025 Results: Key Financials & Strategic Moves ššØ
- Acquired Advent Convention & Hotels International Limited and Marine Tower Properties LLP during the quarter.
- Net Assets Transferred under the Scheme valued at ā¹102,169.43 lakhs.
- Entered into an Option Agreement with Valor Estate Limited for potential future acquisition of hospitality components.
- Standalone Total Income for Q2: ā¹538.65 lakhs; Consolidated Total Income: ā¹8,313.34 lakhs.
- Standalone Profit After Tax for Q2: ā¹302.46 lakhs; Consolidated PAT: ā¹(121.33) lakhs.
- Standalone Basic EPS: ā¹0.56 (Q2), ā¹0.79 (H1); Consolidated Basic EPS: ā¹0.01 (Q2), ā¹0.61 (H1).
- Received ā¹1,220.00 lakhs from sale of 1% equity stake in Bamboo Hotel and Global Centre (Delhi) Private Limited.
- Utilized borrowing proceeds to repay ā¹4,500 lakhs to a financial institution.
- Financial results include restatements for previous periods to reflect the impact of the Scheme as per Ind AS 103.