Jindal Hotels Reports December 2024 Results Highlighting Strong Growth Amid Income Concerns

Feb 13 2025 10:46 PM IST
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Jindal Hotels has announced its financial results for the quarter ending December 2024, reporting a Profit After Tax of Rs 2.40 crore, a significant increase from previous quarters. Net sales reached Rs 14.23 crore, the highest in five quarters, while earnings per share also saw notable growth. However, a large portion of income is derived from non-operating sources, raising sustainability concerns.
Jindal Hotels has recently reported its financial results for the quarter ending December 2024, showcasing notable developments in its performance metrics. The company has experienced a significant adjustment in its evaluation, with its score reflecting a shift from -11 to 6 over the past three months.

The financial results indicate a robust Profit After Tax (PAT) of Rs 2.40 crore, marking a substantial growth of 394.8% compared to the average PAT of Rs 0.49 crore from the previous four quarters. This quarter also saw net sales reaching Rs 14.23 crore, the highest in the last five quarters, representing a growth of 30.4% over the average net sales of Rs 10.91 crore during the same period. Additionally, the earnings per share (EPS) reached Rs 3.43, the highest in the last five quarters, reflecting an increase in profitability.

However, it is important to note that a significant portion of the company's income, 71.67% of Profit Before Tax (PBT), is derived from non-operating sources. This reliance on non-business activities raises concerns regarding the sustainability of its business model.

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