Graviss Hospitality
42.77
-0.15(-0.35%)
Market Cap₹298.80 Cr
PE Ratio37.83
Company Performance:
1D-0.35%
1M-4.89%
6M-10.34%
1Y-12.18%
5Y+208.81%
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Latest news about Graviss Hospitality
Graviss Hospitality Reports Revenue Growth Amidst Widening Losses in Q1 3 days ago
Graviss Hospitality Limited's Q1 financial results show revenue growth but declining profitability. Standalone revenue increased by 12.10% to Rs 11.15 crore, while consolidated revenue grew 5.20% to Rs 11.70 crore. However, EBITDA turned negative, and net losses widened. The company's subsidiaries are facing financial difficulties with accumulated losses. Management remains optimistic about future prospects and recovery of investments in subsidiaries.