Benares Hotels Reports Strong Q3 FY24-25 Results, Highlighting Operational Efficiency and Growth

Benares Hotels has recently disclosed its financial results for the third quarter of FY24-25, with the announcement made on January 14, 2025. The company reported net sales of Rs 38.87 crore, achieving the highest level recorded in the past five quarters. This trend is mirrored in the operating profit, which reached Rs 18.69 crore, resulting in an operating profit margin of 48.08%, reflecting enhanced operational efficiency.
The Profit Before Tax (PBT) was reported at Rs 17.10 crore, marking a peak for this period, while the Profit After Tax (PAT) amounted to Rs 13.56 crore, demonstrating a year-on-year growth of 20%. The earnings per share (EPS) also experienced a rise, reaching Rs 104.31, underscoring the company's capacity to deliver increased earnings to its shareholders.

Furthermore, Benares Hotels noted cash and cash equivalents of Rs 64.40 crore, the highest in the last six half-yearly periods, indicating a favorable position in terms of short-term liquidity. Overall, the financial metrics present a strong performance for this small-cap hotel and restaurant company, leading to adjustments in its evaluation.

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