Asian Hotels East Ltd Q3FY22 consolidated loss at Rs. 79.32 lakhs

Asian Hotels (East) Limited has reported Consolidated financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 36.4344 crores during the period ended December 31, 2021 as compared to Rs. 20.3431 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. -0.7932 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. -8.2976 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. -0.69 for the period ended December 31, 2021 as compared to Rs. -7.20 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 36.4344 crs	₹20.3431 crs	79.10%
Net Profit	₹-0.7932 crs	₹-8.2976 crs	90.44%
EPS	₹-0.69	₹-7.20	90.42%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 36.4344 crores during the period ended December 31, 2021 as compared to Rs.19.6362 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.-0.7932 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.-6.2003 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.-0.69 for the period ended December 31, 2021 as compared to Rs.-5.38 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 36.4344 crs	₹19.6362 crs	85.55%
Net Profit	₹-0.7932 crs	₹-6.2003 crs	87.21%
EPS	₹-0.69	₹-5.38	87.17%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.70.5218 crores during the 9 Months period ended December 31, 2021 as compared to Rs.36.6226 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.-20.1766 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.-27.7970 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.-17.50 for the 9 Months period ended December 31, 2021 as compared to Rs.-24.11 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹70.5218 crs	₹36.6226 crs	92.56%
Net Profit	₹-20.1766 crs	₹-27.7970 crs	27.41%
EPS	₹-17.50	₹-24.11	27.42%

Shares of Asian Hotels (East) Limited was last trading in BSE at Rs. 205.95 as compared to the previous close of Rs. 200.10. The total number of shares traded during the day was 2877 in over 259 trades.

The stock hit an intraday high of Rs. 215.30 and intraday low of 202.05. The net turnover during the day was Rs. 592271.00.

Source : Equity Bulls

Keywords

AsianHotelsEast Q3FY22 9MFY22 ResultUpdate