Chalet Hotels Ltd consolidated Q4 PAT rises to Rs. 42.77 crore

Chalet Hotels Ltd has reported financial results for the period ended March 31, 2020.

Financial Results (Q4 FY19-20) - QoQ Comparison

The company has reported total income of Rs.237.62 crores during the period ended March 31, 2020 as compared to Rs.284.72 crores during the period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.42.77 crores for the period ended March 31, 2020 as against net profit / (loss) of Rs.33.27 crores for the period ended December 31, 2019.

The company has reported EPS of Rs.2.09 for the period ended March 31, 2020 as compared to Rs.1.62 for the period ended December 31, 2019.

Financials	Q4 FY19-20	Q3 FY19-20	% Change
Total Income	₹ 237.62 crs	₹ 284.72 crs	-16.54%
Net Profit	₹ 42.77 crs	₹ 33.27 crs	28.55%
EPS	₹ 2.09	₹ 1.62	29.01%

Financial Results (Q4 FY19-20) - YoY Comparison

The company has reported total income of Rs.237.62 crores during the period ended March 31, 2020 as compared to Rs.277.07 crores during the period ended March 31, 2019.

The company has posted net profit / (loss) of Rs.42.77 crores for the period ended March 31, 2020 as against net profit / (loss) of Rs.13.30 crores for the period ended March 31, 2019.

The company has reported EPS of Rs.2.09 for the period ended March 31, 2020 as compared to Rs.0.69 for the period ended March 31, 2019.

Financials	Q4 FY19-20	Q4 FY18-19	% Change
Total Income	₹ 237.62 crs	₹ 277.07 crs	-14.24%
Net Profit	₹ 42.77 crs	₹ 13.30 crs	221.58%
EPS	₹ 2.09	₹ 0.69	202.9%

Financial Results (12 months ended FY 19-20) - YoY Comparison

The company has reported total income of Rs.1009.02 crores during the 12 months period ended March 31, 2020 as compared to Rs.1034.78 crores during the 12 months period ended March 31, 2019.

The company has posted net profit / (loss) of Rs.102.67 crores for the 12 months period ended March 31, 2020 as against net profit / (loss) of Rs.(7.62) crores for the 12 months period ended March 31, 2019.

The company has reported EPS of Rs.5.01 for the 12 months period ended March 31, 2020 as compared to Rs.(0.43) for the 12 months period ended March 31, 2019.

Financials	Year Ended FY19-20	Year Ended FY18-19	% Change
Total Income	₹ 1009.02 crs	₹ 1034.78 crs	-2.49%
Net Profit	₹ 102.67 crs	₹ (7.62) crs	1447.38%
EPS	₹ 5.01	₹(0.43)	1265.12%

Sharing his views on the quarter performance, Mr. Sanjay Sethi, MD & CEO, Chalet Hotels Limited, said, "The year had started for Chalet on a good note, notwithstanding economic headwinds the Company continued to deliver on rate growth and implementing cost efficiencies.

What we see today are unprecedented times, we started bracing for the impact of COVID-19 from January 2020 onwards with certain business actions taken as early as February 2020. As part of the industry with direct impact of the restrictions put by the Government for the control of the pandemic, we believe the actions taken by us today are key to our near to mid-term revival.

With the new regulations to open up the economy we are gearing-up our portfolio for a quick scale up and eagerly waiting to welcome our guests."

Shares of Chalet Hotels Ltd was last trading in BSE at Rs.160.5 as compared to the previous close of Rs. 163.6. The total number of shares traded during the day was 28873 in over 940 trades.

The stock hit an intraday high of Rs. 175 and intraday low of 160.45. The net turnover during the day was Rs. 4747384.

Source : Equity Bulls

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