Stock Report

Advani Hotels and Resorts India Ltd Q3 FY2022-23 net profit jumps to Rs. 8.74 crores

Posted On : 2023-02-12 15:18:24( TIMEZONE : IST )

Advani Hotels & Resorts (India) Limited 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. 29.7377 crores during the period ended December 31, 2022 as compared to Rs. 16.7529 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 8.7498 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 2.1775 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 1.89 for the period ended December 31, 2022 as compared to Rs. 0.47 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹29.7377 crs	₹16.7529 crs	77.51%
Net Profit	₹8.7498 crs	₹2.1775 crs	301.83%
EPS	₹1.89	₹0.47	302.13%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.29.7377 crores during the period ended December 31, 2022 as compared to Rs.25.2876 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.8.7498 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.7.4633 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.1.89 for the period ended December 31, 2022 as compared to Rs.1.61 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹29.7377 crs	₹25.2876 crs	17.60%
Net Profit	₹8.7498 crs	₹7.4633 crs	17.24%
EPS	₹1.89	₹1.61	17.39%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.69.6516 crores during the 9 Months period ended December 31, 2022 as compared to Rs.33.1752 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.17.6730 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.1.4365 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.3.82 for the 9 Months period ended December 31, 2022 as compared to Rs.0.31 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹69.6516 crs	₹33.1752 crs	109.95%
Net Profit	₹17.6730 crs	₹1.4365 crs	1,130.28%
EPS	₹3.82	₹0.31	1,132.26%

Shares of Advani Hotels & Resorts (India) Limited was last trading in BSE at Rs. 80.05 as compared to the previous close of Rs. 79.60. The total number of shares traded during the day was 8871 in over 185 trades.

The stock hit an intraday high of Rs. 81.00 and intraday low of 79.00. The net turnover during the day was Rs. 712319.00.