Graviss Hospitality Reports Record Sales Amid Significant Profit Declines in December 2024 Results

Graviss Hospitality, operating in the Hotel, Resort & Restaurants industry, has recently reported its financial results for the quarter ending December 2024. The results indicate a notable shift in the company's evaluation, with the score adjusting to 6 from 13 over the past three months.
The financial data reveals that Graviss Hospitality achieved its highest quarterly net sales in the last five quarters, reaching Rs 17.98 crore. This positive sales trend suggests a robust performance in revenue generation during this period.

However, the company faced challenges in profitability metrics. The Profit Before Tax (PBT) recorded a significant decline, standing at Rs 1.97 crore, which reflects a year-on-year decrease of 57.91%. Similarly, the Profit After Tax (PAT) also experienced a downturn, reported at Rs 1.41 crore, marking a year-on-year decline of 65.2%. These trends indicate a concerning trajectory for the company's profitability in the near term.

Overall, Graviss Hospitality's recent financial results highlight a complex landscape, with positive sales performance juxtaposed against significant declines in profit metrics.

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