Apeejay Surrendra Park Hotels Reports Highest PBT in Five Quarters, Receives 'Sell' Call from MarketsMOJO

Aug 16 2024 09:09 AM IST
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Apeejay Surrendra Park Hotels, a smallcap company in the hotel industry, reported its financial results for the quarter ending March 2024. The company's Profit Before Tax less Other Income (PBT) for the quarter was the highest in the last five quarters at Rs 25.50 crore, showing a growth of 37.2% over the previous four quarters. This indicates a positive trend for the company in the near term, with a strong focus on profitability.
Apeejay Surrendra Park Hotels, a smallcap company in the hotel industry, recently declared its financial results for the quarter ending March 2024. The results, announced on August 14, 2024, have received a 'Sell' call from MarketsMOJO.

According to the financials, the company's Profit Before Tax less Other Income (PBT) for the quarter was the highest in the last five quarters at Rs 25.50 crore. This is a positive trend for the company in the near term. The PBT for the quarter has also shown a growth of 37.2% over the average PBT of the previous four quarters, which was Rs 18.59 crore. This further indicates a positive trend for Apeejay Surrendra Park Hotels.

The company's performance in the quarter has been commendable, with a strong focus on profitability. However, it is important to note that this news is based on the company's financials and does not include any external data or sources. As a smallcap company in the hotel industry, Apeejay Surrendra Park Hotels has shown promising results and is expected to continue its positive trend in the near future.
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