The Byke Hospitality Ltd Q1 FY2024 net profit drops to Rs. 1.49 crore

The Byke Hospitality Ltd has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 20.3264 crores during the period ended June 30, 2023 as compared to Rs. 27.0690 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 1.4974 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 2.1206 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.37 for the period ended June 30, 2023 as compared to Rs. 0.53 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 20.3264 crs	₹27.0690 crs	-24.91%
Net Profit	₹1.4974 crs	₹2.1206 crs	-29.39%
EPS	₹0.37	₹0.53	-30.19%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 20.3264 crores during the period ended June 30, 2023 as compared to Rs.36.5152 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.1.4974 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.2.6713 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.37 for the period ended June 30, 2023 as compared to Rs.0.67 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 20.3264 crs	₹36.5152 crs	-44.33%
Net Profit	₹1.4974 crs	₹2.6713 crs	-43.94%
EPS	₹0.37	₹0.67	-44.78%

Shares of The Byke Hospitality Ltd was last trading in BSE at Rs. 39.71 as compared to the previous close of Rs. 38.69. The total number of shares traded during the day was 5813 in over 72 trades.

The stock hit an intraday high of Rs. 39.80 and intraday low of 39.05. The net turnover during the day was Rs. 229651.00.

Source : Equity Bulls

Keywords

TheBykeHospitality Q1FY24 ResultUpdate