Viceroy Hotels Reports Positive Financial Performance in Q1 FY25 Despite 'Sell' Call from MarketsMOJO

Viceroy Hotels, a microcap company in the hotel industry, has recently announced its financial results for the quarter ending March 2024. The company has received a ‘Sell’ call from MarketsMOJO, a leading financial analysis platform.

Despite this, Viceroy Hotels has shown positive financial performance in the quarter, with a score of 16 compared to -5 in the previous quarter. This improvement can be attributed to various factors, including a significant growth of 208.6% in Profit Before Tax less Other Income (PBT) and a growth of 629.0% in Profit After Tax (PAT). The company has also seen a positive trend in its net sales, with the highest sales of Rs 41.19 crore in the last five quarters.

Viceroy Hotels has also shown a positive trend in its operating profit, with the highest operating profit of Rs 12.04 crore in the last five quarters. The company’s efficiency has also improved, with the highest Operating Profit Margin of 29.23% in the last five quarters.

However, there are some areas that need improvement for Viceroy Hotels. The company’s interest cost has increased significantly by 142,999,900.00% quarter on quarter, indicating increased borrowings.

Overall, Viceroy Hotels has shown a positive financial performance in the quarter ending March 2024. The company’s profitability has increased, and it has created higher earnings for its shareholders. However, the rising interest cost is a cause for concern and needs to be addressed by the company.