Benares Hotels Ltd posts net profit of Rs. 11.59 crores in Q4 FY2023-24

BENARES HOTELS LTD. has reported Standalone financial results for the period ended March 31, 2024.

Financial Results (Q4 FY2024) - QoQ Comparison

The company has reported total income of Rs. 36.6422 crores during the period ended March 31, 2024 as compared to Rs. 34.4668 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 11.5934 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 11.3045 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 89.18 for the period ended March 31, 2024 as compared to Rs. 86.96 for the period ended December 31, 2023.

Financials	Q4 FY2024	Q3 FY2024	% Change
Total Income	₹ 36.6422 crs	₹34.4668 crs	6.31%
Net Profit	₹11.5934 crs	₹11.3045 crs	2.56%
EPS	₹89.18	₹86.96	2.55%

Financial Results (Q4 FY2024) - YoY Comparison

The company has reported total income of Rs. 36.6422 crores during the period ended March 31, 2024 as compared to Rs.27.9837 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.11.5934 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.7.5883 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.89.18 for the period ended March 31, 2024 as compared to Rs.58.37 for the period ended March 31, 2023.

Financials	Q4 FY2024	Q4 FY2023	% Change
Total Income	₹ 36.6422 crs	₹27.9837 crs	30.94%
Net Profit	₹11.5934 crs	₹7.5883 crs	52.78%
EPS	₹89.18	₹58.37	52.78%

Financial Results (Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.123.7987 crores during the Financial Year ended March 31, 2024 as compared to Rs.94.8292 crores during the Financial Year ended March 31, 2023.

The company has posted net profit / (loss) of Rs.36.0428 crores for the Financial Year ended March 31, 2024 as against net profit / (loss) of Rs.23.3803 crores for the Financial Year ended March 31, 2023.

The company has reported EPS of Rs.277.25 for the Financial Year ended March 31, 2024 as compared to Rs.179.85 for the Financial Year ended March 31, 2023.

Financials	Year Ended FY2024	Year Ended FY2023	% Change
Total Income	₹123.7987 crs	₹94.8292 crs	30.55%
Net Profit	₹36.0428 crs	₹23.3803 crs	54.16%
EPS	₹277.25	₹179.85	54.16%

Shares of BENARES HOTELS LTD. was last trading in BSE at Rs. 8961.95 as compared to the previous close of Rs. 8849.70. The total number of shares traded during the day was 2682 in over 479 trades.

The stock hit an intraday high of Rs. 9200.00 and intraday low of 8452.00. The net turnover during the day was Rs. 23859087.00.

Source : Equity Bulls

Keywords

BenaresHotels Q4FY24 FY2024 ResultUpdate