Advani Hotels & Resorts (India) Reports Positive Financial Performance in Q1 FY25

Aug 16 2024 08:53 AM IST
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Advani Hotels & Resorts (India) has announced its financial results for the quarter ending June 2024, showing positive performance. Despite a 'Sell' call from MarketsMojo, the company's Profit Before Tax and Profit After Tax have seen a growth of 73.5% and 67.4% respectively, while net sales have also increased by 26.1%. Investors should conduct their own research before investing.

Advani Hotels & Resorts (India), a microcap company in the hotel industry, has recently announced its financial results for the quarter ending June 2024. According to the data released on August 14, 2024, the company has shown positive financial performance in the quarter.

The company’s stock has been given a ‘Sell’ call by MarketsMOJO, indicating a potential decline in its value. However, the company’s financials for the quarter suggest otherwise.


Advani Hotels has seen a growth of 73.5% in its Profit Before Tax (PBT) compared to the average PBT of the previous four quarters. This is a positive trend for the company in the near term. Similarly, the Profit After Tax (PAT) has also shown a growth of 67.4% compared to the average PAT of the previous four quarters. This indicates a positive trend for the company’s profitability.


In terms of sales, the company has recorded its highest net sales of Rs 32.57 crore in the last five quarters. This is a positive trend for the company’s revenue in the near term. The net sales have also shown a growth of 26.1% compared to the average net sales of the previous four quarters.


Overall, the financial results for the quarter ending June 2024 suggest a positive trend for Advani Hotels & Resorts (India). However, it is important to note that this is based on the company’s own financial data and not influenced by any external factors. Investors are advised to do their own research and analysis before making any investment decisions.


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