Howard Hotels Ltd Q3FY24 PAT climbs to Rs. 97.11 lakhs

HOWARD HOTELS LTD. has reported Standalone financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 3.8410 crores during the period ended December 31, 2023 as compared to Rs. 2.1783 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 0.9711 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. -0.2397 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 1.07 for the period ended December 31, 2023 as compared to Rs. -0.27 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 3.8410 crs	₹2.1783 crs	76.33%
Net Profit	₹0.9711 crs	₹-0.2397 crs	505.13%
EPS	₹1.07	₹-0.27	496.30%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 3.8410 crores during the period ended December 31, 2023 as compared to Rs.3.5431 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.0.9711 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.0.7127 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.1.07 for the period ended December 31, 2023 as compared to Rs.0.78 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 3.8410 crs	₹3.5431 crs	8.41%
Net Profit	₹0.9711 crs	₹0.7127 crs	36.26%
EPS	₹1.07	₹0.78	37.18%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.8.5882 crores during the 9 Months period ended December 31, 2023 as compared to Rs.6.9319 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.0.9284 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.0.2524 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.1.02 for the 9 Months period ended December 31, 2023 as compared to Rs.0.28 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹8.5882 crs	₹6.9319 crs	23.89%
Net Profit	₹0.9284 crs	₹0.2524 crs	267.83%
EPS	₹1.02	₹0.28	264.29%

Shares of HOWARD HOTELS LTD. was last trading in BSE at Rs. 22.44 as compared to the previous close of Rs. 23.23. The total number of shares traded during the day was 5104 in over 66 trades.

The stock hit an intraday high of Rs. 23.99 and intraday low of 22.12. The net turnover during the day was Rs. 118503.00.

Source : Equity Bulls

Keywords

HowardHotels Q3FY24 9MFY24 ResultUpdate