Aruna Hotels Ltd Q2 FY24 loss reduces to Rs. 93.60 lakhs

ARUNA HOTELS LTD. has reported Standalone financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 4.2619 crores during the period ended September 30, 2023 as compared to Rs. 2.9786 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. -0.9360 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. -1.4679 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. -0.28 for the period ended September 30, 2023 as compared to Rs. -0.43 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 4.2619 crs	₹2.9786 crs	43.08%
Net Profit	₹-0.9360 crs	₹-1.4679 crs	36.24%
EPS	₹-0.28	₹-0.43	34.88%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 4.2619 crores during the period ended September 30, 2023 as compared to Rs.0.0613 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-0.9360 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.-1.9325 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.-0.28 for the period ended September 30, 2023 as compared to Rs.-0.57 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 4.2619 crs	₹0.0613 crs	6,852.53%
Net Profit	₹-0.9360 crs	₹-1.9325 crs	51.57%
EPS	₹-0.28	₹-0.57	50.88%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.7.2405 crores during the 6 Months period ended September 30, 2023 as compared to Rs.0.0671 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-2.4039 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.-2.8116 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.-0.71 for the 6 Months period ended September 30, 2023 as compared to Rs.-0.83 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹7.2405 crs	₹0.0671 crs	10,690.61%
Net Profit	₹-2.4039 crs	₹-2.8116 crs	14.50%
EPS	₹-0.71	₹-0.83	14.46%

Shares of ARUNA HOTELS LTD. was last trading in BSE at Rs. 15.53 as compared to the previous close of Rs. 14.92. The total number of shares traded during the day was 28808 in over 84 trades.

The stock hit an intraday high of Rs. 15.89 and intraday low of 15.10. The net turnover during the day was Rs. 446219.00.

Source : Equity Bulls

Keywords

ArunaHotels Q2FY24 H1FY24 ResultUpdate