Sayaji Hotels (Pune) Reports Flat Q2 Performance, PAT Sees 22.51% Growth

Nov 16 2024 05:27 PM IST
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Sayaji Hotels (Pune) has released its financial results for the second quarter of fiscal year 2024-2025, showing a flat performance but a slight improvement in overall score. The company's Profit After Tax has increased by 22.51% compared to last year, with a positive near-term trend. MarketsMojo has given a 'Sell' call based on these facts.
Sayaji Hotels (Pune) has recently announced its financial results for the quarter ending September 2024. The company, which operates in the hotel, resort, and restaurant industry, has been classified as a microcap company.

According to the financial report, the company's performance for the second quarter of the fiscal year 2024-2025 has remained flat. However, there has been a slight improvement in the company's overall score, which has increased from 0 to 2 in the last three months.

One of the key highlights of the financial results is the growth in Profit After Tax (PAT) for the nine-month period, which stands at Rs 12.41 crore. This represents a significant increase of 22.51% compared to the same period last year. The near-term trend for PAT is also positive, indicating a potential for further growth in the future.

Based on these financials, MarketsMOJO has given a 'Sell' call for Sayaji Hotels (Pune). However, it is important to note that this is not a recommendation from experts or investors, but rather a fact-based analysis of the company's performance.

Sayaji Hotels (Pune) continues to operate in the highly competitive hotel, resort, and restaurant industry, and its financial performance will be closely monitored by investors and analysts in the coming quarters.
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