Oriental Hotels Ltd's Q3FY25 Quarter Results
- 22 Jan 2025
Result Summary
- Oriental Hotels Ltd reported a 18.1% 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 14.9%.
- Its expenses for the quarter were up by 10.5% QoQ and 19.4% YoY.
- The net profit increased 170.4% QoQ and decreased 16.8% YoY.
- The earnings per share (EPS) of Oriental Hotels Ltd stood at 0.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 122.57 | 103.78 | 106.63 | 18.1% | 14.9% |
Total Expenses | 100.70 | 91.16 | 84.33 | 10.5% | 19.4% |
Profit Before Tax | 21.87 | 12.62 | 22.30 | 73.3% | -1.9% |
Tax | 7.51 | 4.24 | 5.42 | 77.1% | 38.6% |
Profit After Tax | 15.44 | 5.71 | 18.56 | 170.4% | -16.8% |
Earnings Per Share | 0.90 | 0.30 | 1.00 | 200.0% | -10.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Oriental Hotels Ltd is a company focused primarily in the hospitality industry. It operates in the domain of hotels and related services, providing accommodations, dining, and various hospitality-related services. While specific recent developments are not detailed here, companies in this sector typically focus on enhancing guest experiences, expanding service offerings, and maintaining operational efficiency to compete effectively. Oriental Hotels Ltd may be involved in similar activities to sustain market presence and address industry trends, although specific information on recent strategic moves or product developments is not provided in the current data.
Revenue
Oriental Hotels Ltd reported a total income of ₹122.57 crores for Q3FY25, marking a significant increase compared to ₹103.78 crores in Q2FY25 and ₹106.63 crores in Q3FY24. This represents a quarter-over-quarter (QoQ) growth of 18.1% and a year-over-year (YoY) growth of 14.9%. The increase in revenue highlights a positive trajectory in the company's income streams over both the recent quarter and the past year. This growth could be influenced by factors such as increased occupancy rates, enhanced service offerings, or market expansion, although such specific details are not provided here.
Profitability
The financial performance of Oriental Hotels Ltd in terms of profitability shows a mixed pattern. The Profit Before Tax (PBT) for Q3FY25 stood at ₹21.87 crores, which is a notable increase of 73.3% QoQ from ₹12.62 crores in Q2FY25. However, when compared to Q3FY24's ₹22.30 crores, there is a slight decrease of 1.9% YoY. The tax expense for Q3FY25 was ₹7.51 crores, resulting in a Profit After Tax (PAT) of ₹15.44 crores, which is a substantial QoQ increase of 170.4% from ₹5.71 crores in Q2FY25, but a decrease of 16.8% YoY from ₹18.56 crores in Q3FY24. The Earnings Per Share (EPS) for Q3FY25 was ₹0.90, reflecting a QoQ rise of 200.0% from ₹0.30, with a YoY decline of 10.0% from ₹1.00. These figures indicate variability in profitability, with substantial quarterly improvements but some reduction compared to the previous year.
Operating Metrics
The operating metrics for Oriental Hotels Ltd indicate a total expense of ₹100.70 crores in Q3FY25, up from ₹91.16 crores in Q2FY25 and ₹84.33 crores in Q3FY24. The expenses increased by 10.5% QoQ and 19.4% YoY. The rise in expenses might be attributed to increased operational costs, investments in service improvements, or other business activities, although specific causal factors are not detailed in the provided data. The financial data suggests a focus on managing operational efficiency while supporting revenue growth, reflected in the increase in total income despite rising expenses.
