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Highlights
- Sales over the Year and quarter:
- Income over the Year and quarter:
- Profit over the Year and quarter: Challenges in sustaining profitability for Velan Hotels Ltd.. Profit dropped by -97.57 % Year to Year, Velan Hotels Ltd.’s profitability increased by 29.93 % in this quarter.
- EPS over the Year and quarter: EPS declined by -96.12 % Year to Year. EPS increased by 26.67 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.12 Cr | Rs. 0.15 Cr | Rs. 0.24 Cr | + 60 % | + 100 % |
| Operating Profit | Rs. -0.12 Cr | Rs. -0.15 Cr | Rs. -0.24 Cr | -60 % | -100 % |
| OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Other Income | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. -0 Cr | 0 % | 0 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 1.02 Cr | Rs. 0.13 Cr | Rs. 0.13 Cr | + 0 % | -87.25 % |
| Profit before tax | Rs. -1.13 Cr | Rs. -0.27 Cr | Rs. -0.37 Cr | -37.04 % | + 67.26 % |
| Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. -15.17 Cr | Rs. -0.28 Cr | Rs. -0.37 Cr | -32.14 % | + 97.56 % |
| EPS in Rs | Rs. -4.9 | Rs. -0.15 | Rs. -0.19 | -26.67 % | + 96.12 % |
Today, we’re looking at Velan Hotels Ltd.’s financial performance for the Q4(Mar 2024).Expenses ticked up slightly by 60 % quarter-on-quarter, aligning with the annual rise of 100 %. Operating profit, while down -100 % compared to last year, faced a quarter-on-quarter dip of -60 %, signaling a short-term contraction in margins.
Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -87.25 %. Profit before tax grew annually by 67.26 % but saw a reduction from the preceding quarter by -37.04 %.
Net profit rose by 97.56 % year-on-year but witnessed a -32.14 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 96.12 % but a quarterly fall of -26.67 %. In summary, Velan Hotels Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.12 Cr | Rs. 0.15 Cr | Rs. 0.24 Cr | + 60 % | + 100 % |
| Operating Profit | Rs. -0.12 Cr | Rs. -0.15 Cr | Rs. -0.24 Cr | -60 % | -100 % |
| Net Profit | Rs. -15.17 Cr | Rs. -0.28 Cr | Rs. -0.37 Cr | -32.14 % | + 97.56 % |
| EPS in Rs | Rs. -4.9 | Rs. -0.15 | Rs. -0.19 | -26.67 % | + 96.12 % |
In reviewing Velan Hotels Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 100 % compared to the previous year, with a 60 % increase quarter-on-quarter. Operating Profit dropped by -100 % annually, and saw a -60 % decrease from the last quarter.
Net Profit showed yearly increase of 97.56 %, and experienced a -32.14 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 96.12 % annually, however dipped by -26.67 % compared to the last quarter. In essence, while Velan Hotels Ltd. faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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