Benares Hotels Reports Strong Q1 Performance with 18.75% Profit Growth
Benares Hotels Limited announced robust Q1 financial results, showcasing significant growth across key metrics. Revenue increased by 8.7% to ₹250.00 crore, while net profit rose 18.75% to ₹76.00 crore. EBITDA grew to ₹100.00 crore, with an improved margin of 40.09%. The company's strong performance indicates effective cost management and operational efficiency in a recovering hospitality sector.

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Benares Hotels Limited , a prominent player in the hospitality sector, has announced its financial results for the first quarter, showcasing robust growth across key financial metrics.
Financial Highlights
Metric | Value | Change |
---|---|---|
Revenue | ₹250.00 crore | Up 8.7% year-over-year |
EBITDA | ₹100.00 crore | Increased from ₹89.00 crore in the previous year |
EBITDA Margin | 40.09% | Improved from 38.46% |
Net Profit | ₹76.00 crore | Up 18.75% from ₹64.00 crore |
Strong Performance Metrics
Benares Hotels demonstrated solid financial performance in Q1, with significant improvements in both top-line and bottom-line figures. The company's revenue grew by 8.7% to reach ₹250.00 crore, compared to ₹230.00 crore in the same quarter of the previous year. This growth in revenue indicates a strong recovery and increased demand in the hospitality sector.
Profitability and Efficiency
The company's profitability saw a notable increase, with net profit rising to ₹76.00 crore from ₹64.00 crore, marking an impressive 18.75% growth. This substantial improvement in profit can be attributed to effective cost management and operational efficiency.
EBITDA and Margin Expansion
Benares Hotels' EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) showed a significant increase, rising to ₹100.00 crore from ₹89.00 crore in the previous year. The EBITDA margin also improved, reaching 40.09% compared to 38.46% in the same period last year. This expansion in EBITDA and margin reflects the company's ability to manage costs effectively while driving revenue growth.
Management's Perspective
While specific comments from the management were not provided, the strong financial results suggest that Benares Hotels' strategies for growth and operational efficiency are yielding positive outcomes. The improved performance across all key financial metrics indicates a well-executed business plan and favorable market conditions for the company.
Looking Ahead
The robust Q1 results provide a strong foundation for Benares Hotels as it moves forward in the fiscal year. The company's ability to grow revenue and expand margins in a competitive hospitality market positions it well for continued success. Investors and industry observers will likely keep a close eye on Benares Hotels' performance in the coming quarters to see if this positive trend continues.
As the hospitality sector continues to recover and grow, Benares Hotels' strong financial performance suggests it is well-positioned to capitalize on emerging opportunities and maintain its growth trajectory.
Note: All financial figures are based on the company's official Q1 financial results announcement.
Historical Stock Returns for Benares Hotels
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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+0.43% | -6.86% | +0.94% | -18.37% | +16.42% | +682.66% |