Categories AlphaGraphs, Earnings

Kamat Hotels (India) Ltd Q1FY24; 90% fall in Profits

Kamat Hotels India Ltd is one of the companies of the Kamats Group. KHIL is engaged in the Hospitality business and other related services like hotel consultancy, setup, etc…


Financial Results:

  • Kamat Hotels (India) Ltd reported Revenues for Q1FY24 of ₹69.62 Crores up from ₹68.94 Crore year on year, a rise of 0.99%.
  • Total Expenses for Q1FY24 of ₹66.60 Crores up from ₹56.20 Crores year on year, a rise of 18.51%.
  • Consolidated Net Profit of ₹1.11 Crores down 90.41% from ₹11.58 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹0.45, down 90.84% from ₹4.91 in the same quarter of the previous year.

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