Soaltee Hotel Posts 15.20% Increase in Net Profit with 14.89% Revenue Growth in Q1 2083/84
Summary
Soaltee Hotel Limited reported a 15.20% rise in net profit to Rs. 14.23 crores in Q1 2083/84, supported by a 14.89% increase in revenue from operations. Administrative expenses climbed sharply, while finance costs fell steeply during the quarter.
Key Points
- Soaltee Hotel Limited posted net profit of Rs. 14.23 crores in Q1 2083/84, up 15.20% year-on-year.
- Revenue from operations rose 14.89% to Rs. 72.14 crores compared with the same quarter last year.
- Administrative expenses increased 33.88%, while finance cost dropped 95.70% to Rs. 1 lakh.
- The company reported EPS of Rs. 12.12 and a quarter-end P/E ratio of 42.92.
