Juniper Hotels Ltd's Q3FY25 Quarter Results
- 12 Feb 2025
Result Summary
- Juniper Hotels Ltd reported a 17.1% 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 8.4%.
- Its expenses for the quarter were up by 7.2% QoQ and down 8.5% YoY.
- The net profit decreased 216.8% QoQ and increased 817.8% YoY.
- The earnings per share (EPS) of Juniper Hotels Ltd stood at 1.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 260.98 | 222.86 | 240.70 | 17.1% | 8.4% |
Total Expenses | 217.46 | 202.93 | 237.78 | 7.2% | -8.5% |
Profit Before Tax | 43.52 | 19.93 | 2.92 | 118.4% | 1390.4% |
Tax | 11.02 | 47.75 | -0.62 | -76.9% | -1877.4% |
Profit After Tax | 32.49 | -27.82 | 3.54 | -216.8% | 817.8% |
Earnings Per Share | 1.50 | -1.30 | 0.20 | -215.4% | 650.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Juniper Hotels Ltd is a company operating in the hospitality industry, known for providing accommodation services through its chain of hotels. The company's offerings typically include lodging, dining, and event hosting services tailored to both leisure and business travelers. As of the latest available data, there are no specific details regarding any recent major developments for the company, such as expansions or new service offerings. This report will focus on the financial performance of Juniper Hotels Ltd for the third quarter of the fiscal year 2025, in comparison to the previous quarter (Q2FY25) and the same quarter in the previous year (Q3FY24).
Revenue
During the third quarter of fiscal year 2025, Juniper Hotels Ltd reported a total income of ₹260.98 crores. This represents a quarter-over-quarter increase of 17.1% from the ₹222.86 crores recorded in Q2FY25. On a year-over-year basis, the total income saw an 8.4% rise from ₹240.70 crores in Q3FY24. This upward movement in revenue indicates a positive change in financial performance over both timeframes, with the company experiencing growth in its top-line figures. The increase in total income could be attributed to several factors, including improved occupancy rates, enhanced service offerings, or effective pricing strategies.
Profitability
The financial performance of Juniper Hotels Ltd in terms of profitability has shown significant improvement in Q3FY25. The company reported a profit before tax of ₹43.52 crores, which marks a substantial increase of 118.4% from the ₹19.93 crores in the preceding quarter. Year-over-year, the profit before tax surged dramatically by 1390.4% from a modest ₹2.92 crores in Q3FY24. The profit after tax for Q3FY25 was ₹32.49 crores, a remarkable turnaround from a loss of ₹27.82 crores in Q2FY25, and a significant increase from the ₹3.54 crores in profit recorded in Q3FY24. The earnings per share for the quarter were ₹1.50, up from a negative ₹1.30 in Q2FY25 and ₹0.20 in Q3FY24. These figures indicate that the company has effectively managed its costs and improved its profitability metrics considerably over the periods in question.
Operating Metrics
Juniper Hotels Ltd's total expenses in Q3FY25 were reported at ₹217.46 crores, showing a quarter-over-quarter increase of 7.2% from ₹202.93 crores in Q2FY25. However, on a year-over-year basis, total expenses decreased by 8.5% from ₹237.78 crores in Q3FY24. This indicates that while expenses have increased from the last quarter, the company has managed to reduce its expenses compared to the same period last year. The tax expense for Q3FY25 was ₹11.02 crores, which is a significant reduction from the previous quarter's tax of ₹47.75 crores, and a notable increase compared to a negative tax figure of ₹-0.62 crores in Q3FY24. This variation in tax expenses is reflective of changes in taxable income and possible adjustments in tax strategies or liabilities over the periods considered.
