CHL Q1 Results Total Revenue ₹29.48 crores & Net Income ₹3.33 crores

CHL Q1 Results: The CHL Q1 results show important financial information for the period ending June 2024. Total revenue was ₹29.48 crores, which is a quarter-on-quarter (QoQ) decrease of 7.76% from ₹29.22 crores in March 2023. This indicates a decline in sales compared to the previous quarter. When we look at the year-over-year (YoY) comparison, revenue fell by 3.66% from ₹30.60 crores in June 2023, showing a slight downward trend compared to the same time last year.

CHL’s selling, general, and administrative expenses increased by 2.53% QoQ to ₹8.32 crores from ₹7.14 crores in the previous quarter. Year-over-year (YoY), these expenses rose by 13.86% compared to ₹7.31 crores last year. Operating income was ₹0.93 crores, a significant improvement from a loss of ₹0.31 crores in March 2023, which shows a positive change QoQ. However, year-over-year (YoY), it dropped dramatically from ₹3.90 crores in June 2023, reflecting ongoing challenges.

CHL’s Net income showed a loss of ₹3.33 crores, worsening YoY from a loss of ₹1.17 crores in the same quarter last year. This indicates that despite some QoQ improvements, the overall financial health is concerning when looking at the year-over-year (YoY) data.

Here are the quarterly results for CHL for Q1 table format:

(in crores)

Source: Here 

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CHL Q1 Results

The CHL financial results for the quarter ending June 30, 2024, show key information about the company's earnings and expenses. The company earned a total income of 2,168.00 Lacs INR in its standalone operations, which is a slight decrease from the previous quarter but an increase compared to the same time last year. The consolidated income, which includes all branches and subsidiaries, was 3,282.95 Lacs INR. The company had various expenses, such as employee benefits, finance costs, and operational expenses, which totaled 818.51 Lacs INR for standalone operations and 1,280.75 Lacs INR for consolidated operations.

CHL After deducting these expenses, the profit before tax was 1,645.16 Lacs INR for standalone and 3,484.21 Lacs INR for consolidated. The company also reported tax expenses, which slightly reduced the profit for the period to 1,490.00 Lacs INR for standalone and 3,329.05 Lacs INR for consolidated results. Additionally, the other comprehensive income was positive for standalone operations but negative for consolidated. Overall, these results indicate that the company is performing well, particularly in its consolidated earnings, showing good financial health and growth compared to previous periods.

Here's a summary of the unaudited financial results for the period ended June 30, 2024:

(in Lacs INR)

CHL Financial Metrics

The CHL table shows important financial information about a company. The market cap is ₹ 202 crore, which tells us the total value of all its shares. The current price of one share is ₹ 36.9. It reached a high of ₹ 47.8 and a low of ₹ 22.4 in the past. The stock's price-to-earnings (P/E) ratio is 27.5, indicating how much investors are willing to pay for each unit of earnings. The book value is negative at ₹ -21.0, which means liabilities exceed assets. 

Here's the financial data you provided in a clear table format:

Quarterly Results 

In December 2023, CHL had sales of ₹34.84 crores and expenses of ₹23.58 crores, resulting in an operating profit of ₹11.26 crores, which is a healthy 32.32% operating profit margin (OPM). The company also earned ₹2.67 crores from other income. By March 2024, sales decreased to ₹31.96 crores, but expenses rose slightly to ₹24.22 crores. Despite this, CHL reported a strong operating profit of ₹7.74 crores and significant other income of ₹20.66 crores, leading to a net profit of ₹16.10 crores. 

Here’s the data for December 2023, March 2024, and June 2024:

About CHL

CHL, originally called Cosmopolitan Builders and Hoteliers Private Limited, was established on March 16, 1979. It later became a public company and changed its name to Cosmopolitan Hotels on April 29, 1982. Finally, it was renamed CHL on December 11, 1997. The company is led by Dr. Lalit Kumar Malhotra, who is recognized as a visionary leader. He has built a successful career as an entrepreneur and hotelier, known for his focus on people and sustainable business practices. 

Dr. Malhotra was born on February 7, 1944, in Chakwal, Pakistan. After moving to Old Delhi with his family, he entered the trading business. His father was a bold entrepreneur, while his mother was socially active. Dr. Malhotra completed his education at Ramjas School and Hindu College, later earning a postgraduate degree and an honorary PhD in Business Management from Burkes University.