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( As on 30/05/2025 12:15)

Howard Hotels Li Q4 net profit zooms 2550.00% at Rs 0.53 cr

The company reported standalone net profit of Rs 0.53 crore for the quarter ended March 31, 2025 as compared to Rs 0.02 crore in the same period last year, registering a year-on-year growth of 2550.00 per cent.

Net revenue of the company rose marginally by 3.67 per cent at Rs 4.80 crore in January-March quarter of this fiscal as against Rs 4.63 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 11.79 per cent to Rs 3.74 crore from Rs 4.24 crore in year ago period.

Other Income dipped by 29.41 per cent at Rs 0.12 crore versus (Mar'24 Rs 0.17 crore).

Operating Profit surged by 171.79 per cent to Rs 1.06 crore as against Rs 0.39 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 164.40 per cent in March quarter.

Interest grew by 40.00 per cent y-o-y to Rs 0.07 crore, while Taxation decreased by 53.13 per cent at Rs 0.15 crore (Mar'24 Rs 0.32 crore).