Chalet Hotels Q4 Results Live : profit rise by 124.54% YOY

Chalet Hotels Q4 Results Live : Chalet Hotels announced their Q4 results on 13 May, 2024, showcasing a significant growth in both revenue and profit. The company's topline increased by 23.79% year-on-year, while the profit surged by an impressive 124.54% compared to the same quarter last year.

In comparison to the previous quarter, Chalet Hotels saw a growth of 11.93% in revenue and a 16.73% increase in profit. The Selling, general & administrative expenses rose by 5.73% quarter-on-quarter and 6.53% year-on-year.

The operating income witnessed a healthy increase of 11.53% quarter-on-quarter and a substantial growth of 40.03% year-on-year. The Earnings Per Share (EPS) for Q4 stood at ₹4.01, marking a 78.32% increase year-on-year.

Despite the positive financial results, Chalet Hotels saw a -5.81% return in the last 1 week. However, the company delivered impressive returns of 36.4% in the last 6 months and 16.67% year-to-date.

Currently, Chalet Hotels commands a market capitalization of ₹17,721.74 Cr with a 52-week high/low of ₹958 and ₹401.55 respectively. As of 15 May, 2024, out of 12 analysts covering the company, 2 analysts have rated it as Hold, 6 analysts as Buy, and 4 analysts as Strong Buy.

The consensus recommendation as of 15 May, 2024, was to Buy, indicating positive sentiment towards Chalet Hotels' stock.