Jindal Hotels' Q1 FY25 Financial Results Show Decline in PAT and Net Sales

Jindal Hotels, a microcap company in the hotel industry, recently announced its financial results for the quarter ending June 2024. The company’s stock call has been marked as ‘Sell’ by MarketsMOJO, indicating a decline in its financial performance.

According to the financial report, Jindal Hotels has seen a flat performance in the quarter, with a score of 2 out of 15. This is a significant drop from its previous score of 15 in the last three months. The company’s Profit After Tax (PAT) for the quarter was at Rs -0.23 crore, which is a decrease of 138.3% compared to the average PAT of the previous four quarters, which was Rs 0.60 crore. This indicates a negative trend in the company’s near-term PAT.

Similarly, the company’s Net Sales for the quarter were at Rs 9.31 crore, a decrease of 13.8% compared to the average Net Sales of the previous four quarters, which was Rs 10.80 crore. This also shows a negative trend in the company’s near-term sales.

Jindal Hotels’ financial performance for the quarter has not been up to par, as indicated by the decline in its PAT and Net Sales. This may be a cause for concern for investors and stakeholders. However, it is important to note that this is based on the company’s past performance and does not reflect its future potential.