{"id":154283,"date":"2023-08-17T08:17:18","date_gmt":"2023-08-17T12:17:18","guid":{"rendered":"https:\/\/44.250.171.167\/?p=154283"},"modified":"2023-08-17T08:17:20","modified_gmt":"2023-08-17T12:17:20","slug":"mac-charles-india-ltd-q1fy24-33-fall-in-revenue","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/mac-charles-india-ltd-q1fy24-33-fall-in-revenue\/","title":{"rendered":"Mac Charles (India) Ltd Q1FY24; 33% fall in Revenue"},"content":{"rendered":"\n

Mac Charles (India) Limited, incorporated in 1979, together with its subsidiary, Airport Golf View Hotels and Suites Pvt. Ltd engages in the hotel business in India. The Company operates Le Meridien, a five-star hotel with 197 rooms and suites in Bangalore, India. It is also involved in leasing of commercial real estate properties in Embassy Tech Square (‘Alpha’ and ‘Delta’) located along Outer Ring Road, Bangalore, Karnataka.<\/p>\n\n\n\n

Financial Results:<\/h2>\n\n\n\n

Mac Charles (India) Ltd reported Revenues for Q1FY24 of \u20b92.00 Crores down from \u20b93.00 Crore year on year, a fall of 33.33%.<\/p>\n\n\n\n

Total Expenses for Q1FY24 of \u20b920.00 Crores up from \u20b93.00 Crores year on year, a rise of 566.67%.<\/p>\n\n\n\n

Consolidated Net Profit of -\u20b911.00 Crores from \u20b963.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n

The Earnings per Share is -\u20b98.12, from \u20b948.12 in the same quarter of the previous year.<\/p>\n\n\n\n

\"\"<\/a><\/figure><\/div>\n\n\n\n

*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.<\/p>\n\n\n\n

*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"

Mac Charles (India) Limited, incorporated in 1979, together with its subsidiary, Airport Golf View Hotels and Suites Pvt. Ltd engages in the hotel business in India. The Company operates Le Meridien, a five-star hotel with 197 rooms and suites in Bangalore, India. It is also involved in leasing of commercial real estate properties in Embassy […]<\/p>\n","protected":false},"author":1885,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,5749],"tags":[11811],"class_list":["post-154283","post","type-post","status-publish","format-standard","hentry","category-infographics","category-entertainment-stocks","tag-hotels"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":152991,"url":"https:\/\/alphastreet.com\/india\/kamat-hotels-india-ltd-q1fy24-90-fall-in-profits\/","url_meta":{"origin":154283,"position":0},"title":"Kamat Hotels (India) Ltd Q1FY24; 90% fall in Profits","author":"Hardik Bhandare","date":"August 11, 2023","format":false,"excerpt":"Kamat Hotels India Ltd is one of the companies of the Kamats Group. 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