Sinclairs Hotels Ltd Q1 FY2024 PAT at Rs. 8.47 crores

SINCLAIRS 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. 21.8303 crores during the period ended June 30, 2023 as compared to Rs. 14.2344 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 8.4763 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 19.9023 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 3.12 for the period ended June 30, 2023 as compared to Rs. 7.33 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 21.8303 crs	₹14.2344 crs	53.36%
Net Profit	₹8.4763 crs	₹19.9023 crs	-57.41%
EPS	₹3.12	₹7.33	-57.44%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 21.8303 crores during the period ended June 30, 2023 as compared to Rs.18.6808 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.8.4763 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.5.7257 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.3.12 for the period ended June 30, 2023 as compared to Rs.2.06 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 21.8303 crs	₹18.6808 crs	16.86%
Net Profit	₹8.4763 crs	₹5.7257 crs	48.04%
EPS	₹3.12	₹2.06	51.46%

Shares of SINCLAIRS HOTELS LTD. was last trading in BSE at Rs. 160.25 as compared to the previous close of Rs. 158.00. The total number of shares traded during the day was 529513 in over 1914 trades.

The stock hit an intraday high of Rs. 169.00 and intraday low of 152.70. The net turnover during the day was Rs. 85810419.00.

Source : Equity Bulls

Keywords

SinclairsHotels Q1FY24 ResultUpdate