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Taj GVK Hotels & Resorts : Q4 2024 Financial Quarterly Report : YoY Sales Up 11.79 %, QoQ Up 4.24 %

June 6, 2024June 6, 2024| adminadmin| 0 Comments| 7:40 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 11.79 % in the past year, substantial increase in net sales/revenue by 4.24 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -14.11 %, Marginal decrease of -15.63% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Taj GVK Hotels & Resorts Ltd.. Notable increase of 64 % in net profit Year to Year, Taj GVK Hotels & Resorts Ltd.’s profitability increased by 1.43 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 67.11 % Year to Year. EPS increased by 1.43 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Taj GVK Hotels & Resorts Ltd.”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 103.62 Cr Rs. 111.13 Cr Rs. 115.84 Cr + 4.24 % + 11.79 %
Expenses Rs. 78.24 Cr Rs. 70.78 Cr Rs. 74.95 Cr + 5.89 % -4.21 %
Operating Profit Rs. 25.38 Cr Rs. 40.35 Cr Rs. 40.89 Cr + 1.34 % + 61.11 %
OPM % 24.49 % 36.31 % 35.3 % -1.01 % + 10.81 %
Other Income Rs. 7.23 Cr Rs. 7.36 Cr Rs. 6.21 Cr -15.63 % -14.11 %
Interest Rs. 3.63 Cr Rs. 3.08 Cr Rs. 3.32 Cr + 7.79 % -8.54 %
Depreciation Rs. 3.62 Cr Rs. 3.45 Cr Rs. 3.32 Cr -3.77 % -8.29 %
Profit before tax Rs. 25.36 Cr Rs. 41.18 Cr Rs. 40.46 Cr -1.75 % + 59.54 %
Tax % 30.48 % 30.07 % 26.35 % -3.72 % -4.13 %
Net Profit Rs. 19.03 Cr Rs. 30.77 Cr Rs. 31.21 Cr + 1.43 % + 64 %
EPS in Rs Rs. 2.98 Rs. 4.91 Rs. 4.98 + 1.43 % + 67.11 %


Today, we’re looking at Taj GVK Hotels & Resorts Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 11.79 %. However, it did see a marginal increase of 4.24 % from the previous quarter. Expenses ticked up slightly by 5.89 % quarter-on-quarter, aligning with the annual decline of -4.21 %. Operating profit, while up 61.11 % compared to last year, faced a quarter-on-quarter increase of 1.34 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 10.81 %, but a shrinkage of -1.01 % sequentially. Other income fell by -15.63 % compared to the last quarter, despite an annual decline of -14.11 %. Interest expenses surged remarkably by 7.79 % from the previous quarter, yet the year-over-year decrease remains at a moderate -8.54 %. Depreciation costs fell by -3.77 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -8.29 %. Profit before tax grew annually by 59.54 % but saw a reduction from the preceding quarter by -1.75 %.
Tax expenses as a percentage of profits decreased slightly by -4.13 % compared to last year, with a more notable quarter-on-quarter decrease of -3.72 %. Net profit rose by 64 % year-on-year but experienced a 1.43 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 67.11 % but a quarterly rise of 1.43 %. In summary, Taj GVK Hotels & Resorts 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. 103.62 Cr Rs. 111.13 Cr Rs. 115.84 Cr + 4.24 % + 11.79 %
Expenses Rs. 78.24 Cr Rs. 70.78 Cr Rs. 74.95 Cr + 5.89 % -4.21 %
Operating Profit Rs. 25.38 Cr Rs. 40.35 Cr Rs. 40.89 Cr + 1.34 % + 61.11 %
Net Profit Rs. 19.03 Cr Rs. 30.77 Cr Rs. 31.21 Cr + 1.43 % + 64 %
EPS in Rs Rs. 2.98 Rs. 4.91 Rs. 4.98 + 1.43 % + 67.11 %


In reviewing Taj GVK Hotels & Resorts Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.79 % year-on-year growth, however, there was a minor increase of 4.24 % from the previous quarter. Expenses decreased by -4.21 % compared to the previous year, with a 5.89 % increase quarter-on-quarter. Operating Profit surged by 61.11 % annually, and saw a 1.34 % increase from the last quarter.
Net Profit showed yearly increase of 64 %, and experienced a 1.43 % increase from the previous quarter. Earnings Per Share (EPS) rose by 67.11 % annually, however rose by 1.43 % compared to the last quarter. In essence, while Taj GVK Hotels & Resorts Ltd. exhibits strong annual growth 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.

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