Chalet Hotels trades higher on turning black in Q4
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Chalet Hotels is currently trading at Rs. 396.55, up by 3.80 points or 0.97% from its previous closing of Rs. 392.75 on the BSE.
The scrip opened at Rs. 400.00 and has touched a high and low of Rs. 400.05 and Rs. 389.00 respectively. So far 6101 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 409.85 on 19-Oct-2022 and a 52 week low of Rs. 276.60 on 12-May-2022.
Last one week high and low of the scrip stood at Rs. 405.00 and Rs. 373.45 respectively. The current market cap of the company is Rs. 7990.84 crore.
The promoters holding in the company stood at 71.65%, while Institutions and Non-Institutions held 24.57% and 3.78% respectively.
Chalet Hotels has reported results for fourth quarter (Q4) and year ended March 31, 2023.
The company has reported net profit at Rs 40.23 crore for the quarter under review as compared to net loss of Rs 9.76 crore for the same quarter in the previous year. Total income of the company reported 2- fold jump at Rs 332.52 crore for Q4FY23 as compared to Rs 145.21 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported net profit at Rs 39.17 crore for fourth quarter ended March 31, 2023 as compared to net loss of Rs 11.46 crore for the same quarter in the previous year. Total income of the company reported 2- fold jump at Rs 345.78 crore for Q4FY23 as compared to Rs 153.52 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported net profit at Rs 183.10 crore as compared to net loss of Rs 70.15 crore for the previous year. However, total income of the company reported 2- fold jump at Rs 1124.07 crore for year under review as compared to Rs 501.47 crore for year ended March 31, 2022.
For the year ended March 31, 2023, on the consolidated basis, the company has reported net profit at Rs 185.84 crore as compared to net loss of Rs 81.47 crore for the previous year. However, total income of the company reported 2- fold jump at Rs 1177.95 crore for year under review as compared to Rs 529.74 crore for year ended March 31, 2022.
