Ecos (India) Mobility & Hospitality Q1 Results Income and Profit Analysis

Ecos (India) Mobility & Hospitality Q1 Results

Ecos (India) Mobility & Hospitality Q1 Results: Ecos (India) Mobility & Hospitality is a company that operates in the transportation and hospitality sectors in India. The financial results for the quarter ending June 30, 2024, show how the company performed during that time. They earned a total income of ₹1,515.98 million, which is a little lower than the ₹1,573.17 million they made in the previous quarter. The main source of income for the company comes from its operations, which generated ₹1,488.89 million.

Ecos (India) Mobility & Hospitality’s total expenses for the quarter were ₹1,328.58 million, which is quite similar to the ₹1,330.78 million from the previous quarter. The main costs included service costs and employee salaries. After paying these expenses, the company made a profit before tax of ₹187.40 million. After accounting for taxes, the net profit was ₹135.06 million. This is lower than the ₹179.71 million profit made in the previous quarter. They also reported a loss in other comprehensive income, which slightly impacted the overall results. 

Here is a summary of the unaudited consolidated financial results for the quarter ending June 30, 2024. The figures are presented in millions of currency units.

(₹ in Million)

Source: Here 

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Ecos (India) Mobility & Hospitality Stock Metrics

Ecos (India) Mobility & Hospitality focuses on providing services in transportation and the hospitality sector in India. The company has a market capitalization of ₹2,796 crore, which shows its overall value in the market. The current stock price is ₹466, with a high of ₹594 and a low of ₹380 in recent trading. The stock's price-to-earnings (P/E) ratio is 49.4, indicating how much investors are willing to pay for each unit of earnings. 

Here’s the financial information you provided in a clear table format:

About Ecos (India) Mobility & Hospitality

ECOS (India) Mobility & Hospitality, also known as ECO Rent A Car, is a fast-growing car rental company in India. They offer two main services: chauffeur-driven cars and self-drive car rentals. ECO Rent A Car has a fleet of over 550 vehicles, including regular sedans, luxury cars like Mercedes S-Class, and spacious coaches for groups. They provide well-trained English-speaking chauffeurs who are police-verified and wear uniforms.

ECOS (India) Mobility & Hospitality has offices in major cities like Delhi, Mumbai, and Bangalore, and partners with additional cities in India and Sri Lanka. They also have a self-drive option with cars and SUVs equipped with GPS for easy navigation. Safety and security are top priorities, and they use advanced technology to improve their services. ECO Rent A Car aims to provide a superior travel experience for both tourists and corporate clients across the country.