Royale Manor Hotels & Industries Shows Growth in Profits for Q1 FY25
Royale Manor Hotels & Industries, a microcap company in the hotel industry, has recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO, a leading financial analysis platform.
According to the financial report, Royale Manor has shown a flat performance in the quarter, with the score remaining the same for the past three months. However, there are some positive aspects to the company’s financials for the quarter.
One of the highlights is the Profit After Tax (PAT) for the nine-month period, which stands at Rs 3.87 crore, higher than the preceding 12-month period ending in June 2024, which was Rs 3.70 crore. This indicates a growth in profits for the company in the nine-month period, surpassing the sales of the previous 12 months.
While the overall financial performance may not be impressive, these numbers show that Royale Manor is still making progress in terms of profitability. Investors and stakeholders can keep an eye on the company’s future financial reports to see if this trend continues.
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