Stock Report

Benares Hotels Ltd Q3FY23 profit jumps to Rs. 8.28 crores

Posted On : 2023-01-25 23:14:52( TIMEZONE : IST )

BENARES HOTELS LTD. has reported Standalone financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 28.5896 crores during the period ended December 31, 2022 as compared to Rs. 18.2169 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 8.2857 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 2.9698 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 63.74 for the period ended December 31, 2022 as compared to Rs. 22.84 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹28.5896 crs	₹18.2169 crs	56.94%
Net Profit	₹8.2857 crs	₹2.9698 crs	179.00%
EPS	₹63.74	₹22.84	179.07%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.28.5896 crores during the period ended December 31, 2022 as compared to Rs.19.2745 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.8.2857 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.4.4091 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.63.74 for the period ended December 31, 2022 as compared to Rs.33.92 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹28.5896 crs	₹19.2745 crs	48.33%
Net Profit	₹8.2857 crs	₹4.4091 crs	87.92%
EPS	₹63.74	₹33.92	87.91%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.66.8455 crores during the 9 Months period ended December 31, 2022 as compared to Rs.33.7615 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.15.7920 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.2.6187 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.121.48 for the 9 Months period ended December 31, 2022 as compared to Rs.20.14 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹66.8455 crs	₹33.7615 crs	97.99%
Net Profit	₹15.7920 crs	₹2.6187 crs	503.05%
EPS	₹121.48	₹20.14	503.18%

Shares of BENARES HOTELS LTD. was last trading in BSE at Rs. 3000.15 as compared to the previous close of Rs. 2956.75. The total number of shares traded during the day was 141 in over 57 trades.

The stock hit an intraday high of Rs. 3019.95 and intraday low of 2911.00. The net turnover during the day was Rs. 419503.00.