Stock Report

Benares Hotels Ltd Q2FY22 PAT rises to Rs. 48.47 lakhs

Posted On : 2021-10-14 18:31:42( TIMEZONE : IST )

The Board of Directors of BENARES HOTELS LTD., at its meeting held today have approved the unaudited Standalone financial results of the company for the period ended September 30, 2021.

For the quarter ended September 30, 2021(Q2 FY2022), the company's total income was ₹ 10.6338 crore, against ₹2.9564 crore in the corresponding quarter of the previous year (YoY) and ₹3.8532 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹0.4847 crore, against ₹-3.0281 crore in the corresponding quarter of the previous year (YoY) and ₹-2.2751 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹3.73, against ₹-23.29 in the corresponding quarter of the previous year (YoY) and ₹-17.5 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 10.6338 crs	₹3.8532 crs	175.97%	₹2.9564 crs	259.69%
Net Profit	₹0.4847 crs	₹-2.2751 crs	121.30%	₹-3.0281 crs	116.01 %
EPS	₹3.73	₹-17.5	121.31%	₹-23.29	116.02%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹14.4870 crore, against ₹3.9977 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹-1.7904 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-6.7923 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹-13.77 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-52.25 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹14.4870 crs	₹3.9977 crs	262.38%
Net Profit	₹-1.7904 crs	₹-6.7923 crs	73.64%
EPS	₹-13.77	₹-52.25	73.65%

Dr. Anant Narain Singh, Chairman, Benares Hotels Limited (BHL) said, "The revival of domestic travel helped boost demand. We were able to show a marked improvement in revenues which increased by 3.6 times as compared to last year. EBITDA showed a 220% growth over last year."

Shares of BENARES HOTELS LTD. was last trading in BSE at Rs. 1894.00 as compared to the previous close of Rs. 1897.25. The total number of shares traded during the day was 412 in over 78 trades.

The stock hit an intraday high of Rs. 1949.20 and intraday low of 1765.00. The net turnover during the day was Rs. 774155.00.