Stock Report

Advani Hotels and Resorts India Ltd Q3 FY2024 PAT jumps to Rs. 9.30 crores

Posted On : 2024-01-29 19:45:41( TIMEZONE : IST )

Advani Hotels & Resorts (India) Limited has reported Standalone financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 33.0423 crores during the period ended December 31, 2023 as compared to Rs. 17.9208 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 9.3065 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 0.4476 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 2.01 for the period ended December 31, 2023 as compared to Rs. 0.09 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 33.0423 crs	₹17.9208 crs	84.38%
Net Profit	₹9.3065 crs	₹0.4476 crs	1,979.20%
EPS	₹2.01	₹0.09	2,133.33%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 33.0423 crores during the period ended December 31, 2023 as compared to Rs.29.7377 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.9.3065 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.8.7498 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.2.01 for the period ended December 31, 2023 as compared to Rs.1.89 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 33.0423 crs	₹29.7377 crs	11.11%
Net Profit	₹9.3065 crs	₹8.7498 crs	6.36%
EPS	₹2.01	₹1.89	6.35%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.74.9048 crores during the 9 Months period ended December 31, 2023 as compared to Rs.69.6516 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.14.3638 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.17.6730 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.3.11 for the 9 Months period ended December 31, 2023 as compared to Rs.3.82 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹74.9048 crs	₹69.6516 crs	7.54%
Net Profit	₹14.3638 crs	₹17.6730 crs	-18.72%
EPS	₹3.11	₹3.82	-18.59%

Shares of Advani Hotels & Resorts (India) Limited was last trading in BSE at Rs. 153.25 as compared to the previous close of Rs. 142.15. The total number of shares traded during the day was 104918 in over 2254 trades.

The stock hit an intraday high of Rs. 160.00 and intraday low of 145.25. The net turnover during the day was Rs. 15990564.00.