Sayaji Hotels Reports Strong Q4 Growth Amid Rising Borrowing Costs

Sayaji Hotels (Indore), operating in the Hotel, Resort & Restaurants industry, has recently reported its financial results for the quarter ending December 2024. The results indicate a notable shift in the company's evaluation, with the score reflecting a significant change over the past three months.
In terms of financial performance, Sayaji Hotels has demonstrated a positive trajectory. The Profit Before Tax less Other Income (PBT) for the quarter reached Rs 5.18 crore, marking an 81.3% increase compared to the average PBT of the previous four quarters. Additionally, the Profit After Tax (PAT) for the half-year stood at Rs 4.52 crore, showing a year-on-year growth of 32.94%. The net sales also reached a peak of Rs 30.17 crore, representing a 21.6% increase over the average net sales of the prior four quarters.

However, the financial landscape is not without challenges. The interest expense for the nine-month period rose to Rs 4.83 crore, reflecting a 31.61% increase over the preceding nine months, indicating a rise in borrowing costs.

Overall, Sayaji Hotels (Indore) has experienced a revision in its score, highlighting the dynamic nature of its financial standing.

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