The Byke Hospitality Ltd posts net profit of Rs. 96.89 lakhs in Q3 FY2023

The Byke Hospitality Ltd has reported Standalone financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 31.9260 crores during the period ended December 31, 2022 as compared to Rs. 19.9418 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.9689 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -3.4724 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.24 for the period ended December 31, 2022 as compared to Rs. -0.87 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹31.9260 crs	₹19.9418 crs	60.10%
Net Profit	₹0.9689 crs	₹-3.4724 crs	127.90%
EPS	₹0.24	₹-0.87	127.59%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.31.9260 crores during the period ended December 31, 2022 as compared to Rs.31.7728 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.9689 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-1.3728 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.24 for the period ended December 31, 2022 as compared to Rs.-0.34 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹31.9260 crs	₹31.7728 crs	0.48%
Net Profit	₹0.9689 crs	₹-1.3728 crs	170.58%
EPS	₹0.24	₹-0.34	170.59%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.88.3831 crores during the 9 Months period ended December 31, 2022 as compared to Rs.60.8425 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.1679 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-13.5971 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.04 for the 9 Months period ended December 31, 2022 as compared to Rs.-3.39 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹88.3831 crs	₹60.8425 crs	45.27%
Net Profit	₹0.1679 crs	₹-13.5971 crs	101.23%
EPS	₹0.04	₹-3.39	101.18%

Shares of The Byke Hospitality Ltd was last trading in BSE at Rs. 45.90 as compared to the previous close of Rs. 45.75. The total number of shares traded during the day was 20056 in over 350 trades.

The stock hit an intraday high of Rs. 46.80 and intraday low of 45.35. The net turnover during the day was Rs. 923804.00.

Source : Equity Bulls

Keywords

TheBykeHospitality Q3FY23 9MFY23 ResultUpdate