Juniper Hotels shares surged nearly 5% following the release of its Q2 FY25 financial results, reflecting investor optimism in the company’s performance for the quarter ended September 30, 2024.
Key Financial Highlights for Q2 FY25
- Revenue from Operations: ₹214.52 crore, up from ₹199.69 crore in the previous quarter, indicating steady growth in the hotel’s core operations.
- Total Income: ₹222.86 crore, an increase from ₹204.82 crore in Q1 FY25.
Expense Overview
- Food and Beverages Consumed: ₹18.04 crore, showing a slight increase from ₹15.88 crore in the previous quarter.
- Employee Benefits Expense: ₹43.59 crore, up from ₹40.02 crore, reflecting investments in staffing and services.
- Finance Costs: ₹25.78 crore, which decreased from ₹28.24 crore, highlighting improved cost management.
- Other Expenses: ₹88.46 crore, up from ₹81.07 crore, indicating operational expansion.
Profit and Loss
- Profit/(Loss) Before Tax: The company reported a profit of ₹19.93 crore, up from ₹13.09 crore in the previous quarter.
- Net Profit: After accounting for tax expenses, the company posted a loss of ₹27.82 crore for Q2 FY25, following a profit of ₹11.67 crore in the prior quarter.
The surge in Juniper Hotels’ stock reflects positive market sentiment despite the reported loss, possibly driven by the strong operational revenue and overall growth trajectory.
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Juniper Hotels