Stock Report

Advani Hotels and Resorts India Ltd Q2 FY24 net profit declines to Rs. 44.76 lakhs



Posted On : 2023-11-13 21:08:33( TIMEZONE : IST )

Advani Hotels and Resorts India Ltd Q2 FY24 net profit declines to Rs. 44.76 lakhs

Advani Hotels & Resorts (India) Limited 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. 17.9208 crores during the period ended September 30, 2023 as compared to Rs. 23.9417 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.4476 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 4.6097 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.09 for the period ended September 30, 2023 as compared to Rs. 1 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 17.9208 crs ₹23.9417 crs Up Tick / Down Tick-25.15%
Net Profit ₹0.4476 crs ₹4.6097 crs Up Tick / Down Tick-90.29%
EPS ₹0.09 ₹1 Up Tick / Down Tick-91.00%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 17.9208 crores during the period ended September 30, 2023 as compared to Rs.16.7529 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.4476 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.2.1775 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.09 for the period ended September 30, 2023 as compared to Rs.0.47 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 17.9208 crs ₹16.7529 crs Up Tick / Down Tick6.97%
Net Profit ₹0.4476 crs ₹2.1775 crs Up Tick / Down Tick-79.44%
EPS ₹0.09 ₹0.47 Up Tick / Down Tick-80.85%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.41.8625 crores during the 6 Months period ended September 30, 2023 as compared to Rs.39.9139 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.5.0573 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.8.9231 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.1.09 for the 6 Months period ended September 30, 2023 as compared to Rs.1.93 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹41.8625 crs ₹39.9139 crs Up Tick / Down Tick4.88%
Net Profit ₹5.0573 crs ₹8.9231 crs Up Tick / Down Tick-43.32%
EPS ₹1.09 ₹1.93 Up Tick / Down Tick-43.52%

Shares of Advani Hotels & Resorts (India) Limited was last trading in BSE at Rs. 120.47 as compared to the previous close of Rs. 123.06. The total number of shares traded during the day was 11011 in over 350 trades.

The stock hit an intraday high of Rs. 123.91 and intraday low of 118.47. The net turnover during the day was Rs. 1342865.00.

Source : Equity Bulls

Keywords

AdvaniHotelsandResortsIndia Q2FY24 H1FY24 ResultUpdate