The Byke Hospitality Ltd posts Rs. 3.47 crores loss in Q2FY23

The Byke Hospitality Ltd has reported Standalone financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 19.9418 crores during the period ended September 30, 2022 as compared to Rs. 36.5152 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. -3.4724 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 2.6713 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. -0.87 for the period ended September 30, 2022 as compared to Rs. 0.67 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹19.9418 crs	₹36.5152 crs	-45.39%
Net Profit	₹-3.4724 crs	₹2.6713 crs	-229.99%
EPS	₹-0.87	₹0.67	-229.85%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs.19.9418 crores during the period ended September 30, 2022 as compared to Rs.16.8262 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-3.4724 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.-4.3636 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.-0.87 for the period ended September 30, 2022 as compared to Rs.-1.09 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹19.9418 crs	₹16.8262 crs	18.52%
Net Profit	₹-3.4724 crs	₹-4.3636 crs	20.42%
EPS	₹-0.87	₹-1.09	20.18%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.56.4571 crores during the 6 Months period ended September 30, 2022 as compared to Rs.29.0697 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-0.8011 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.-12.2243 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.-0.20 for the 6 Months period ended September 30, 2022 as compared to Rs.-3.05 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹56.4571 crs	₹29.0697 crs	94.21%
Net Profit	₹-0.8011 crs	₹-12.2243 crs	93.45%
EPS	₹-0.20	₹-3.05	93.44%

Shares of The Byke Hospitality Ltd was last trading in BSE at Rs. 46.45 as compared to the previous close of Rs. 45.80. The total number of shares traded during the day was 30823 in over 205 trades.

The stock hit an intraday high of Rs. 46.95 and intraday low of 45.00. The net turnover during the day was Rs. 1420507.00.

Source : Equity Bulls

Keywords

TheBykeHospitality Q2FY23 H1FY23 ResultUpdate