Share the post "ECO HOTELS AND RESORTS announced Financial Results Q1 2024-25"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -51.72 % over the year, substantial increase in net sales/revenue by 12 %.
- Income over the Year and quarter: Marginal increase in other income during this quarter, up by 1.63%.
- Profit over the Year and quarter: Significant improvement in profitability for ECO HOTELS AND RESORTS LIMITED. Notable increase of 148.06 % in net profit Year to Year, ECO HOTELS AND RESORTS LIMITED’s profitability dropped by -25.56 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 108.91 % Year to Year. EPS increased by 151.19 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.058 Cr | Rs. 0.025 Cr | Rs. 0.028 Cr | + 12 % | -51.72 % |
Expenses | Rs. 0.49 Cr | Rs. 1.65 Cr | Rs. 1.49 Cr | -9.7 % | + 204.08 % |
Operating Profit | Rs. -0.43 Cr | Rs. -1.63 Cr | Rs. -1.46 Cr | + 10.43 % | -239.53 % |
OPM % | -741.38 % | -6520 % | -5214.29 % | + 1305.71 % | -4472.91 % |
Other Income | Rs. 0 Cr | Rs. 0.369 Cr | Rs. 0.375 Cr | + 1.63 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0.18 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. -0.44 Cr | Rs. -1.45 Cr | Rs. -1.09 Cr | + 24.83 % | -147.73 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -0.44 Cr | Rs. -1.46 Cr | Rs. -1.09 Cr | + 25.34 % | -147.73 % |
EPS in Rs | Rs. -1.01 | Rs. -0.84 | Rs. -2.11 | -151.19 % | -108.91 % |
Today, we’re looking at ECO HOTELS AND RESORTS LIMITED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -51.72 %. However, it did see a marginal increase of 12 % from the previous quarter. Expenses decreased slightly by -9.7 % quarter-on-quarter, aligning with the annual rise of 204.08 %. Operating profit, while down -239.53 % compared to last year, faced a quarter-on-quarter increase of 10.43 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -4472.91 %, but an expansion of 1305.71 % sequentially. Other income rose by 1.63 % compared to the last quarter, Profit before tax declined annually by -147.73 % but saw an increase from the preceding quarter by 24.83 %.
Net profit fell by -147.73 % year-on-year but experienced a 25.34 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -108.91 % but a quarterly fall of -151.19 %. In summary, ECO HOTELS AND RESORTS LIMITED’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. 0.058 Cr | Rs. 0.025 Cr | Rs. 0.028 Cr | + 12 % | -51.72 % |
Expenses | Rs. 0.49 Cr | Rs. 1.65 Cr | Rs. 1.49 Cr | -9.7 % | + 204.08 % |
Operating Profit | Rs. -0.43 Cr | Rs. -1.63 Cr | Rs. -1.46 Cr | + 10.43 % | -239.53 % |
Net Profit | Rs. -0.44 Cr | Rs. -1.46 Cr | Rs. -1.09 Cr | + 25.34 % | -147.73 % |
EPS in Rs | Rs. -1.01 | Rs. -0.84 | Rs. -2.11 | -151.19 % | -108.91 % |
In reviewing ECO HOTELS AND RESORTS LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -51.72 % year-on-year, however, there was a minor increase of 12 % from the previous quarter. Expenses rose by 204.08 % compared to the previous year, with a decrease of -9.7 % quarter-on-quarter. Operating Profit dropped by -239.53 % annually, and saw a 10.43 % increase from the last quarter.
Net Profit showed yearly decrease of -147.73 %, and experienced a 25.34 % increase from the previous quarter. Earnings Per Share (EPS) fell by -108.91 % annually, however dipped by -151.19 % compared to the last quarter. In essence, while ECO HOTELS AND RESORTS LIMITED faces strong annual decline indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
[my_shortcode1 values=”ECO HOTELS AND RESORTS “]