Blue Coast Hotels Ltd's Q3FY25 Quarter Results
- 22 Jan 2025
Result Summary
- Blue Coast Hotels Ltd reported a 73.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 0.0%.
- Its expenses for the quarter were up by 1800.0% QoQ and down 73.6% YoY.
- The net profit decreased 100.4% QoQ and decreased 76.6% YoY.
- The earnings per share (EPS) of Blue Coast Hotels Ltd declined at 0.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 0.07 | 0.26 | 0.07 | -73.1% | 0.0% |
Total Expenses | 0.38 | 0.02 | 1.44 | 1800.0% | -73.6% |
Profit Before Tax | -0.32 | 84.77 | -1.37 | -100.4% | -76.6% |
Tax | 0.00 | 0.00 | 0.00 | - | - |
Profit After Tax | -0.32 | 84.77 | -1.37 | -100.4% | -76.6% |
Earnings Per Share | -0.30 | 66.40 | -1.10 | -100.5% | -72.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Blue Coast Hotels Ltd is a company operating in the hospitality industry, primarily engaged in the management and operation of hotels and resorts. While the detailed specifics of their portfolio are not provided, companies in this sector typically offer services including room accommodations, dining, event hosting, and leisure activities. There are no recent major developments provided in the data to elaborate further on the company's recent strategic initiatives or expansions. The hotel industry, in general, can be highly sensitive to economic cycles, seasonal variations, and trends in travel and tourism.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Blue Coast Hotels Ltd reported a total income of ₹0.07 crores, consistent with the same quarter in the previous fiscal year (Q3FY24), showing a 0.0% year-over-year (YoY) change. However, when compared to the previous quarter (Q2FY25), there was a significant quarter-over-quarter (QoQ) decline of 73.1% from ₹0.26 crores. This data highlights the fluctuations in the total income on a quarterly basis while maintaining the same level of income on an annual basis.
Profitability
The profitability metric indicates that Blue Coast Hotels Ltd had a profit before tax of -₹0.32 crores in Q3FY25, which is an improvement from -₹1.37 crores in Q3FY24, representing a YoY change of -76.6%. However, compared to the previous quarter (Q2FY25) where the profit before tax was ₹84.77 crores, there is a notable QoQ decrease of 100.4%. The profit after tax mirrors the profit before tax figures due to the absence of tax expenses reported. Earnings per share (EPS) for Q3FY25 stood at -₹0.30, showing a YoY improvement from -₹1.10 in Q3FY24 but a QoQ decline from ₹66.40 in Q2FY25, indicating a 100.5% reduction on a quarterly basis.
Operating Metrics
The total expenses for Blue Coast Hotels Ltd in Q3FY25 amounted to ₹0.38 crores, a significant increase from ₹0.02 crores in Q2FY25, reflecting an 1800.0% QoQ rise. Conversely, there is a substantial reduction in total expenses from ₹1.44 crores in Q3FY24, resulting in a 73.6% YoY decrease. These figures highlight the variations in operating costs over the different periods, impacting the company's overall financial performance. The absence of tax expenses across all quarters suggests a consistent tax position for the company during these periods.
