Chalet Hotels Ltd's Q3FY25 Quarter Results
- 30 Jan 2025
Result Summary
- Chalet Hotels Ltd reported a 21.2% 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 22.3%.
- Its expenses for the quarter were up by 13.9% QoQ and 18.8% YoY.
- The net profit decreased 169.7% QoQ and increased 36.6% YoY.
- The earnings per share (EPS) of Chalet Hotels Ltd stood at 4.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 464.46 | 383.18 | 379.89 | 21.2% | 22.3% |
Total Expenses | 346.11 | 303.76 | 291.24 | 13.9% | 18.8% |
Profit Before Tax | 118.35 | 79.42 | 88.65 | 49.0% | 33.5% |
Tax | 21.83 | 217.93 | 18.01 | -90.0% | 21.2% |
Profit After Tax | 96.52 | -138.51 | 70.64 | -169.7% | 36.6% |
Earnings Per Share | 4.40 | -6.30 | 3.40 | -169.8% | 29.4% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Chalet Hotels Ltd is a prominent player in the Indian hospitality industry, primarily focusing on owning, developing, and managing high-end hotels in key metro cities. The company is known for its luxury and upscale hotel properties that cater to both business and leisure travelers. Chalet Hotels is strategically positioned in key urban centers, providing premium experiences through its properties, which are often located in close proximity to central business districts and airports. While specific recent developments are not available in the provided data, Chalet Hotels continues to maintain its focus on premium hospitality services.
Revenue
In Q3FY25, Chalet Hotels Ltd reported a total income of ₹464.46 crores, showing a robust increase of 21.2% on a quarter-over-quarter (QoQ) basis compared to ₹383.18 crores in Q2FY25. Year-over-year (YoY), there was a notable growth of 22.3% compared to ₹379.89 crores in Q3FY24. This increase in revenue reflects the company's continued focus on optimizing its operational performance and potentially benefiting from favorable market conditions in the hospitality sector. The substantial revenue growth highlights the company's ability to attract and retain customers within its market segment.
Profitability
For the quarter ending Q3FY25, Chalet Hotels Ltd achieved a profit before tax of ₹118.35 crores, representing a significant QoQ growth of 49.0% from ₹79.42 crores in Q2FY25, and a YoY increase of 33.5% from ₹88.65 crores in Q3FY24. The tax expense for Q3FY25 was ₹21.83 crores, which contrasts with a high tax expense in Q2FY25 of ₹217.93 crores. Consequently, the profit after tax for the current quarter stood at ₹96.52 crores, a turnaround from a loss of ₹138.51 crores in the previous quarter, and marking a YoY growth of 36.6% from ₹70.64 crores in Q3FY24. The earnings per share for Q3FY25 were ₹4.40, improving from a negative ₹6.30 in the previous quarter, and up from ₹3.40 in the same quarter last year, indicating a recovery in profitability metrics.
Operating Metrics
Chalet Hotels Ltd's financial data for Q3FY25 indicates a total expenses figure of ₹346.11 crores, which increased by 13.9% QoQ from ₹303.76 crores in Q2FY25, and by 18.8% YoY from ₹291.24 crores in Q3FY24. This rise in expenses corresponds with the company's efforts to maintain high-quality service offerings and possibly expand or enhance its operational capabilities. The earnings per share for the current quarter stand at ₹4.40, showing significant improvement from a negative figure in the prior quarter and a 29.4% increase from the previous year. This performance metric suggests better earnings distribution among shareholders compared to the previous periods.
