Asian Hotels (East) Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Asian Hotels (East) Ltd reported a 29.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 32.1%.
- Its expenses for the quarter were up by 20.9% QoQ and 16.7% YoY.
- The net profit increased 59.9% QoQ and increased 176.0% YoY.
- The earnings per share (EPS) of Asian Hotels (East) Ltd stood at 2.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 42.86 | 33.16 | 32.45 | 29.3% | 32.1% |
Total Expenses | 35.15 | 29.08 | 30.12 | 20.9% | 16.7% |
Profit Before Tax | 7.70 | 4.08 | 2.34 | 88.7% | 229.1% |
Tax | 2.87 | 1.06 | 0.59 | 170.8% | 386.4% |
Profit After Tax | 4.83 | 3.02 | 1.75 | 59.9% | 176.0% |
Earnings Per Share | 2.80 | 1.80 | 1.00 | 55.6% | 180.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Asian Hotels (East) Ltd is a prominent player in the hospitality industry, primarily focused on providing luxury hotel accommodations and related services. The company operates in the upscale hotel segment, catering to both domestic and international travelers. Its offerings typically include premium lodging, fine dining, conference facilities, and various leisure amenities. As of the latest available information, Asian Hotels (East) Ltd has been focusing on enhancing customer experience and expanding its service portfolio. However, specific recent major developments pertaining to the company are not available in the provided data.
Revenue
During the third quarter of fiscal year 2025 (Q3FY25), Asian Hotels (East) Ltd reported a total income of ₹42.86 crores. This represented a significant increase from the previous quarter (Q2FY25), where the total income was ₹33.16 crores, marking a quarter-over-quarter (QoQ) growth of 29.3%. Compared to the same quarter in the previous fiscal year (Q3FY24), the total income rose from ₹32.45 crores, showcasing a year-over-year (YoY) growth of 32.1%. This upward trend in revenue suggests a robust performance in terms of income generation for the company during this period.
Profitability
In terms of profitability, Asian Hotels (East) Ltd achieved a profit before tax (PBT) of ₹7.70 crores in Q3FY25. This is a considerable improvement from ₹4.08 crores in Q2FY25, indicating an 88.7% QoQ increase. When compared to Q3FY24, where the PBT stood at ₹2.34 crores, the YoY growth was an impressive 229.1%. After accounting for taxes, the profit after tax (PAT) for Q3FY25 was ₹4.83 crores, rising from ₹3.02 crores in Q2FY25 and ₹1.75 crores in Q3FY24, reflecting QoQ and YoY increases of 59.9% and 176.0%, respectively. The earnings per share (EPS) also saw a rise, from ₹1.80 in Q2FY25 to ₹2.80 in Q3FY25, and from ₹1.00 in Q3FY24, marking a YoY growth of 180.0%.
Operating Metrics
The total expenses for Asian Hotels (East) Ltd in Q3FY25 were recorded at ₹35.15 crores. This figure increased from ₹29.08 crores in Q2FY25, constituting a QoQ rise of 20.9%. Compared to Q3FY24, when expenses were ₹30.12 crores, there was a YoY increase of 16.7%. The tax expenses for the quarter amounted to ₹2.87 crores, up from ₹1.06 crores in Q2FY25, a significant QoQ increase of 170.8%. Compared to Q3FY24, where tax expenses were ₹0.59 crores, the YoY increase was 386.4%. These metrics highlight the company's operational expenditure and tax obligations during the quarter.
