The Byke Hospitality Ltd Q1FY24; 44% fall in Profits

Byke Hospitality Ltd was incorporated in 1990. It is engaged in the hospitality business having a presence in 9 states and 16 cities with 21 hotels having a total of 1,255 rooms and headquartered in Mumbai.

Financial Results:

The Byke Hospitality Ltd reported Revenues for Q1FY24 of ₹20.05 Crores down from ₹36.27 Crore year on year, a fall of 44.72%.

Total Expenses for Q1FY24 of ₹19.23 Crores down from ₹34.47 Crores year on year, a fall of 44.21%.

Consolidated Net Profit of ₹1.50 Crores down 43.82% from ₹2.67 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.37, down 44.78% from ₹0.67 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.