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U P Hotels standalone net profit rises 50.68% in the March 2024 quarter

May 28,2024

Net profit of U P Hotels rose 50.68% to Rs 13.20 crore in the quarter ended March 2024 as against Rs 8.76 crore during the previous quarter ended March 2023. Sales rose 14.85% to Rs 48.10 crore in the quarter ended March 2024 as against Rs 41.88 crore during the previous quarter ended March 2023.

For the full year,net profit rose 36.22% to Rs 31.82 crore in the year ended March 2024 as against Rs 23.36 crore during the previous year ended March 2023. Sales rose 11.99% to Rs 146.51 crore in the year ended March 2024 as against Rs 130.82 crore during the previous year ended March 2023.

Particulars	Quarter Ended			Year Ended
	Mar. 2024	Mar. 2023	% Var.	Mar. 2024	Mar. 2023	% Var.
Sales	48.10	41.88	15	146.51	130.82	12
OPM %	37.34	31.95	-	30.74	27.22	-
PBDT	19.76	14.17	39	50.26	39.25	28
PBT	17.78	12.30	45	42.30	31.82	33
NP	13.20	8.76	51	31.82	23.36	36