Soaltee Hotel Reports Net Profit Surge of 11.38% to Rs. 41.23 Crores in Q3 FY 2080/2081, Revenue Soars to Rs. 1.68 Arba
Fri, May 10, 2024 8:42 AM on Financial Analysis, Company Analysis, Latest,
Soaltee Hotel Limited (SHL) has reported a net profit of Rs. 41.23 crores for the third quarter of the fiscal year 2080/2081, marking a notable increase from the Rs. 37.11 crores recorded in the corresponding quarter of the previous fiscal year.
The company's total revenue experienced a significant growth of 11.38%, reaching Rs. 1.68 Arba in the current quarter, compared to Rs. 1.5 Arba in the corresponding period last year. Simultaneously, total expenses for the quarter amounted to Rs. 1.16 crores, while finance expenses witnessed a substantial decline of 86.78% to stand at Rs. 5.89 Lakhs.
An important facet of Soaltee Hotel Limited's financial portfolio is its investment, which stands at Rs. 27.54 crores. Additionally, the company's reserve and surplus displayed an increase of 30.73%, reaching Rs. 1.35 Arba in Q3, 2080/2081. The paid-up capital of the company remains stable at Rs. 92.89 crores.
The net worth per share of the company was reported at Rs. 24.58, with an annualized EPS of Rs. 5.92 for this quarter.
Major Highlights:
| Particulars (Rs in 000) | Soaltee Hotel Limited | ||
|---|---|---|---|
| Q3 2080/81 | Q3 2079/80 | Difference | |
| Paid Up Capital | 928,954 | 884,715 | 5.00% |
| Reserves & Surplus | 1,354,637 | 1,036,193 | 30.73% |
| Property, Plant and Equipment | 2,064,881 | 1,750,504 | 17.96% |
| Investment | 275,488 | 273,783 | 0.62% |
| Revenue from Operation | 1,681,067 | 1,509,284 | 11.38% |
| Total Expenses | 1,168,322 | 1,048,911 | 11.38% |
| Finance Cost | 589 | 4,452 | -86.78% |
| Net Profit | 412,323 | 371,180 | 11.08% |
| Annualized EPS (In Rs.) | 5.92 | 5.59 | 5.79% |
| Net Worth per Share (In Rs.) | 24.58 | 21.71 | 13.22% |
| Qtr End P/E Ratio | 74.18 | - | |
| Qte End Price | 439 | - | |
