Benares Hotels Ltd Q1 FY2024 PAT slips QoQ to Rs. 6.30 crore

BENARES HOTELS 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. 26.1125 crores during the period ended June 30, 2023 as compared to Rs. 27.9837 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 6.3016 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 7.5883 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 48.47 for the period ended June 30, 2023 as compared to Rs. 58.37 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 26.1125 crs	₹27.9837 crs	-6.69%
Net Profit	₹6.3016 crs	₹7.5883 crs	-16.96%
EPS	₹48.47	₹58.37	-16.96%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 26.1125 crores during the period ended June 30, 2023 as compared to Rs.20.0390 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.6.3016 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.4.5365 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.48.47 for the period ended June 30, 2023 as compared to Rs.34.90 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 26.1125 crs	₹20.0390 crs	30.31%
Net Profit	₹6.3016 crs	₹4.5365 crs	38.91%
EPS	₹48.47	₹34.90	38.88%

Shares of BENARES HOTELS LTD. was last trading in BSE at Rs. 5518.65 as compared to the previous close of Rs. 5296.00. The total number of shares traded during the day was 1234 in over 256 trades.

The stock hit an intraday high of Rs. 5634.35 and intraday low of 5355.00. The net turnover during the day was Rs. 6823809.00.

Source : Equity Bulls

Keywords

BenaresHotels Q1FY24 ResultUpdate