Soaltee Hotel Limited (SHL) has posted a net profit of Rs. 14.23 crores in the first quarter (Q1) of the fiscal year 2083/84, marking a 15.20% increase from Rs. 12.35 crores in the corresponding period of the previous fiscal year.
The company’s revenue from operations increased by 14.89%, reaching Rs. 72.14 crores in Q1 2083/84, compared to Rs. 62.79 crores in Q1 2082/83. Meanwhile, administrative expenses rose by 33.88% to Rs. 10.99 crores, while operational expenses declined by 1.64% to Rs. 8.07 crores. Finance cost witnessed a sharp decline of 95.70%, falling to Rs. 1 lakh from Rs. 23.22 lakhs in the corresponding quarter.
Soaltee Hotel Limited’s reserves and surplus increased by 25.15% to Rs. 2.34 Arba, while its paid-up capital stood at Rs. 1.17 Arba, up 15.00% year-on-year. The company’s property, plant and equipment increased by 10.63% to Rs. 3.06 Arba. Meanwhile, its investment stood at Rs. 28.68 crores, marginally down by 0.04% compared to the previous year.
The net worth per share of the company stood at Rs. 299.15, while the earnings per share (EPS) stood at Rs. 12.12 for the quarter. The quarter-end price was recorded at Rs. 520, with a quarter-end P/E ratio of 42.92.
* Figures are of Immediate Previous Year Quarter Ending
