Share the post "Aruna Hotels Reports Q1: Revenue Up by 84.86% Year-on-Year"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 84.86 % in the past year, decrease in net sales/revenue by -11.26 %.
- Income over the Year and quarter: Marginal decrease of -99.8% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Aruna Hotels Ltd.. Profit dropped by -29.43 % Year to Year, Aruna Hotels Ltd.’s profitability increased by 102.34 % in this quarter.
- EPS over the Year and quarter: EPS declined by -27.91 % Year to Year. EPS increased by 106.67 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 2.979 Cr | Rs. 6.206 Cr | Rs. 5.507 Cr | -11.26 % | + 84.86 % |
Expenses | Rs. 2.73 Cr | Rs. 5.58 Cr | Rs. 5.03 Cr | -9.86 % | + 84.25 % |
Operating Profit | Rs. 0.25 Cr | Rs. 0.63 Cr | Rs. 0.48 Cr | -23.81 % | + 92 % |
OPM % | 8.39 % | 10.15 % | 8.72 % | -1.43 % | + 0.33 % |
Other Income | Rs. 0 Cr | Rs. 12.28 Cr | Rs. 0.025 Cr | -99.8 % | 0 % |
Interest | Rs. 0.56 Cr | Rs. 12.8 Cr | Rs. 0.41 Cr | -96.8 % | -26.79 % |
Depreciation | Rs. 0.83 Cr | Rs. 0.87 Cr | Rs. 0.87 Cr | + 0 % | + 4.82 % |
Profit before tax | Rs. -1.14 Cr | Rs. -0.76 Cr | Rs. -0.78 Cr | -2.63 % | + 31.58 % |
Tax % | -29.23 % | -32.94 % | -33.12 % | -0.18 % | -3.89 % |
Net Profit | Rs. -1.47 Cr | Rs. -0.51 Cr | Rs. -1.04 Cr | -103.92 % | + 29.25 % |
EPS in Rs | Rs. -0.43 | Rs. -0.15 | Rs. -0.31 | -106.67 % | + 27.91 % |
Today, we’re looking at Aruna Hotels Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 84.86 %. However, it did see a marginal slip of -11.26 % from the previous quarter. Expenses decreased slightly by -9.86 % quarter-on-quarter, aligning with the annual rise of 84.25 %. Operating profit, while up 92 % compared to last year, faced a quarter-on-quarter dip of -23.81 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.33 %, but a shrinkage of -1.43 % sequentially. Other income fell by -99.8 % compared to the last quarter, Interest expenses dropped significantly by -96.8 % from the previous quarter, yet the year-over-year decrease remains at a moderate -26.79 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.82 %. Profit before tax grew annually by 31.58 % but saw a reduction from the preceding quarter by -2.63 %.
Tax expenses as a percentage of profits decreased slightly by -3.89 % compared to last year, with a more notable quarter-on-quarter decrease of -0.18 %. Net profit rose by 29.25 % year-on-year but witnessed a -103.92 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 27.91 % but a quarterly fall of -106.67 %. In summary, Aruna 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. 2.979 Cr | Rs. 6.206 Cr | Rs. 5.507 Cr | -11.26 % | + 84.86 % |
Expenses | Rs. 2.73 Cr | Rs. 5.58 Cr | Rs. 5.03 Cr | -9.86 % | + 84.25 % |
Operating Profit | Rs. 0.25 Cr | Rs. 0.63 Cr | Rs. 0.48 Cr | -23.81 % | + 92 % |
Net Profit | Rs. -1.47 Cr | Rs. -0.51 Cr | Rs. -1.04 Cr | -103.92 % | + 29.25 % |
EPS in Rs | Rs. -0.43 | Rs. -0.15 | Rs. -0.31 | -106.67 % | + 27.91 % |
In reviewing Aruna Hotels Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 84.86 % year-on-year growth, although there was a slight dip of -11.26 % from the previous quarter. Expenses rose by 84.25 % compared to the previous year, with a decrease of -9.86 % quarter-on-quarter. Operating Profit surged by 92 % annually, and saw a -23.81 % decrease from the last quarter.
Net Profit showed yearly increase of 29.25 %, and experienced a -103.92 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 27.91 % annually, however dipped by -106.67 % compared to the last quarter. In essence, while Aruna Hotels Ltd. exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
[my_shortcode1]