Gujarat Hotels Q4 FY24 Results Live : profit rise by 7.91% YOY
Gujarat Hotels announced their Q4 FY24 results on 18 Apr, 2024, revealing a 1.35% decrease in revenue but a 7.91% increase in profit year-over-year. In comparison to the previous quarter, the company saw a 2.57% growth in revenue and a 10.98% increase in profit.
The Selling, general & administrative expenses showed a significant decline of 11.63% quarter-over-quarter and a 21.33% decrease year-over-year. Operating income also reflected a positive trend, with a 2.27% increase quarter-over-quarter, although there was a slight 0.88% decrease year-over-year.
The Earnings Per Share (EPS) for Q4 FY24 stood at ₹3.54, marking a 7.7% increase year-over-year. Investors have witnessed impressive returns from Gujarat Hotels, with a 13.75% return in the last week, 31.33% return in the last 6 months, and 30.34% year-to-date return.
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