Soaltee Hotel Limited Reports Q2 FY 2080/2081 Results with Net Profit of Rs. 26.31 Crores and 9.44% Revenue Growth
Sun, Feb 11, 2024 11:15 AM on Latest, Financial Analysis, Company Analysis,
Soaltee Hotel Limited (SHL) has posted a commendable net profit of Rs. 26.31 crores in Q2 of FY 2080/2081, showcasing a notable increase from the Rs. 25.14 crores recorded in the same quarter of the previous year.
The company's total revenue witnessed a substantial growth of 9.44%, reaching Rs. 1.05 Arba in the current quarter, compared to Rs. 96.01 crores in the corresponding period last year. Concurrently, total expenses for the quarter amounted to Rs. 73.28 crores.
A significant aspect of Soaltee Hotel Limited's financial portfolio is its investment, which stands at Rs. 27.54 crores. Additionally, the company's reserve and surplus exhibited an increase of 30.45%, reaching Rs. 1.48 Arba in Q2, 2080/2081. The paid-up capital of the company remains steady at Rs. 88.47 crores.
The net worth per share of the company stood at Rs. 26.78, with an annualized EPS of Rs. 5.95 for this quarter.
Major Highlights:
| Particulars (Rs in 000) | Soaltee Hotel Limited | ||
|---|---|---|---|
| Q2 2080/81 | Q2 2079/80 | Difference | |
| Paid Up Capital | 884,715 | 842,580 | 5.00% |
| Reserves & Surplus | 1,484,814 | 1,138,183 | 30.45% |
| Property, Plant and Equipment | 1,955,378 | 1,670,846 | 17.03% |
| Investment | 275,488 | 290,690 | -5.23% |
| Revenue from Operation | 1,050,823 | 960,147 | 9.44% |
| Total Expenses | 732,859 | 653,882 | 12.08% |
| Finance Cost | 356 | 2,396 | -85.15% |
| Net Profit | 263,117 | 251,439 | 4.64% |
| Annualized EPS (In Rs.) | 5.95 | 5.97 | -0.34% |
| Net Worth per Share (In Rs.) | 26.78 | 23.51 | 13.93% |
| Qtr End P/E Ratio | 80.36 | - | |
| Qte End Price | 478 | - | |
