Lords Ishwar Hotels Reports Flat Performance in Q1, PAT Surpasses Previous Year in 6 Months

Lords Ishwar Hotels, a microcap company in the hotel industry, recently announced its financial results for the quarter ending March 2024. The company's stock has been given a 'Sell' call by MarketsMOJO. According to the financial report, Lords Ishwar's performance for the quarter has been flat, with a score of 4 out of 10. This is a decrease from the previous quarter's score of 10. However, there are some positive aspects to the company's financials. One of the highlights is the increase in Profit After Tax (PAT) for the half-yearly period, which stands at Rs 0.27 crore compared to the previous 12-month period ending in June 2024, where it was Rs 0.22 crore. This shows that the company has already surpassed its PAT for the previous year in just six months. On the other hand, the company's Earnings per Share (EPS) for the quarter have decreased to Rs 0.03, the lowest in the last five quarters. This indicates a decline in profitability and lower earnings for shareholders. Despite the mixed financial results, Lords Ishwar Hotels continues to operate in the hotel industry as a microcap company. Investors should carefully consider the company's performance before making any investment decisions.