Gujarat Hotels Reports Strong Q3 FY24-25 Results, Signaling Industry Growth Potential
Gujarat Hotels announced its financial results for Q3 FY24-25, highlighting improved metrics in the hotel and restaurant sector. Key figures include a Debtors Turnover Ratio of 3.23, an Operating Profit of Rs 1.29 crore, and a Profit After Tax of Rs 1.64 crore, indicating a strong financial performance.
Gujarat Hotels has reported its financial results for the third quarter of FY24-25, with the announcement made on January 17, 2025. The company has experienced an adjustment in its evaluation, reflecting a strengthening position within the hotel, resort, and restaurant industry.The December 2024 financials highlight several key metrics. The Debtors Turnover Ratio reached a notable level of 3.23 times, indicating enhanced efficiency in managing receivables. The Operating Profit (PBDIT) for the quarter was recorded at Rs 1.29 crore, marking a significant achievement over the last five quarters.
Additionally, Profit Before Tax (PBT) peaked at Rs 1.27 crore, while Profit After Tax (PAT) was noted at Rs 1.64 crore, both representing the highest figures in the same five-quarter timeframe. The Earnings per Share (EPS) also saw an increase to Rs 4.33, reflecting the company's capacity to generate higher earnings for its shareholders. Overall, Gujarat Hotels showcases a positive trend in its financial metrics.
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