Sinclairs Hotels Ltd reports rise in Q1FY23 net profit to Rs. 5.72 crores

SINCLAIRS HOTELS LTD. has reported Standalone financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 18.6808 crores during the period ended June 30, 2022 as compared to Rs. 9.8506 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 5.7257 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 1.6459 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 2.06 for the period ended June 30, 2022 as compared to Rs. 0.59 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 18.6808 crs	₹9.8506 crs	89.64%
Net Profit	₹5.7257 crs	₹1.6459 crs	247.88%
EPS	₹2.06	₹0.59	249.15%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 18.6808 crores during the period ended June 30, 2022 as compared to Rs.2.9634 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.5.7257 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-0.9356 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.2.06 for the period ended June 30, 2022 as compared to Rs.-0.34 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 18.6808 crs	₹2.9634 crs	530.38%
Net Profit	₹5.7257 crs	₹-0.9356 crs	711.98%
EPS	₹2.06	₹-0.34	705.88%

Shares of SINCLAIRS HOTELS LTD. was last trading in BSE at Rs. 102.25 as compared to the previous close of Rs. 97.45. The total number of shares traded during the day was 88391 in over 563 trades.

The stock hit an intraday high of Rs. 104.00 and intraday low of 98.15. The net turnover during the day was Rs. 9024825.00.

Source : Equity Bulls

Keywords

SinclairsHotels Q1FY23 ResultUpdate