Apeejay Surrendra Park Hotels Reports Strong Financial Results for Q1 FY25
Apeejay Surrendra Park Hotels, a smallcap company in the hotel industry, has recently declared its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.
According to the financials, the company’s Profit Before Tax less Other Income (PBT) for the quarter was at its highest in the last five quarters, standing at Rs 25.50 crore. This is a positive trend for the company in the near term.
In comparison to the average PBT of the previous four quarters, which was Rs 18.59 crore, the current PBT has shown a growth of 37.2%. This further highlights the positive trend in the company’s PBT in the near term.
It is worth noting that Apeejay Surrendra Park Hotels has been consistently performing well in terms of its financials, with a strong focus on profitability. This is evident from the recent financial results and the growth in PBT.
Overall, Apeejay Surrendra Park Hotels continues to show promising performance in the hotel industry, with a positive trend in its PBT. Investors may want to keep an eye on this smallcap company for potential growth opportunities in the future.
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