Stock Report

Kamat Hotels India Ltd Q3FY24 consolidated profit jumps to Rs. 41.57 crores

Posted On : 2024-01-31 23:20:52( TIMEZONE : IST )

Kamat Hotels (I) Limited has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 88.1256 crores during the period ended December 31, 2023 as compared to Rs. 66.1738 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 41.5740 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 0.0330 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 15.17 for the period ended December 31, 2023 as compared to Rs. 0.01 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 88.1256 crs	₹66.1738 crs	33.17%
Net Profit	₹41.5740 crs	₹0.0330 crs	125,881.82%
EPS	₹15.17	₹0.01	151,600.00%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 88.1256 crores during the period ended December 31, 2023 as compared to Rs.84.4446 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.41.5740 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.27.7708 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.15.17 for the period ended December 31, 2023 as compared to Rs.11.77 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 88.1256 crs	₹84.4446 crs	4.36%
Net Profit	₹41.5740 crs	₹27.7708 crs	49.70%
EPS	₹15.17	₹11.77	28.89%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.226.2431 crores during the 9 Months period ended December 31, 2023 as compared to Rs.216.8211 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.42.7191 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.41.7185 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.15.58 for the 9 Months period ended December 31, 2023 as compared to Rs.17.69 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹226.2431 crs	₹216.8211 crs	4.35%
Net Profit	₹42.7191 crs	₹41.7185 crs	2.40%
EPS	₹15.58	₹17.69	-11.93%

Shares of Kamat Hotels (I) Limited was last trading in BSE at Rs. 320.60 as compared to the previous close of Rs. 332.35. The total number of shares traded during the day was 138099 in over 3914 trades.

The stock hit an intraday high of Rs. 348.95 and intraday low of 317.00. The net turnover during the day was Rs. 46677059.00.