Kamat Hotels (India) Reports Strong Financial Performance in Q2 FY25

Kamat Hotels (India) has recently announced its financial results for the quarter ending September 2024. The company, which operates in the hotel, resort, and restaurant industry, has shown positive performance in this quarter. According to MarketsMOJO, a leading stock market analysis platform, the stock call for Kamat Hotels is ‘Sell’.

In the last three months, Kamat Hotels has seen a significant improvement in its financial score, from -18 to 7. This is a positive sign for the company and its investors. The company’s Profit After Tax (PAT) for the half-yearly period has grown by 226.23% year on year, reaching Rs 7.93 crore. This shows a very positive trend for the company’s PAT.

Similarly, the company’s Profit Before Tax less Other Income (PBT) for the quarterly period has grown by 698.80% year on year, reaching Rs 10.00 crore. This is the highest PBT in the last five quarters and indicates a positive trend in the near term. Additionally, Kamat Hotels has also shown a strong ability to manage its interest payments, with an Operating Profit to Interest ratio of 2.93 times in the last five quarters.

The company’s Net Sales for the quarter have also shown a positive growth of 33.41% year on year, reaching Rs 85.38 crore. This indicates a positive trend in the near term for the company’s sales. Furthermore, the company’s PBT for the quarter has also reached its highest in the last five quarters at Rs 10.00 crore, showing a positive trend in the near term.

Overall, Kamat Hotels (India) has shown a strong financial performance in the quarter ending September 2024. With positive trends in PAT, PBT, and sales, the company is on a path of growth and success. However, according to MarketsMOJO, the stock call for Kamat Hotels is ‘Sell’, and investors should make informed decisions based on their own research and analysis.