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Apollo Sindoori Hotels Ltd Q1FY24; 18% rise in Profits

Business Overview
Apollo Sindoori Hotels Ltd is engaged in the business of managing food outlets at hospitals and reputed organisations. The Company also undertakes Outdoor Catering Services, Skilled manpower to hospitals etc. It prepares over 45,000 meals everyday.

Financial Results:

Apollo Sindoori Hotels Ltd reported Revenues for Q1FY24 of ₹121.04 Crores up from ₹57.75 Crore year on year, a rise of 109.59%.

Total Expenses for Q1FY24 of ₹117.76 Crores up from ₹55.46 Crores year on year, a rise of 112.33%.

Consolidated Net Profit of ₹3.83 Crores up 18.21% from ₹3.24 Crores in the same quarter of the previous year.

The Earnings per Share is ₹14.73, up 18.22% from ₹12.46 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.

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