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Juniper Hotels Q1 Results Profit Before Tax of ₹1,771.13 Lakhs and Net Profit of ₹1,476.24 Lakhs

Juniper Hotels Q1 Results for June 30, 2024, showed a total income of ₹17,831.30 lakhs, a profit before tax of ₹1,771.13 lakhs, and a net profit of ₹1,476.24 lakhs, highlighting improved performance and positive returns.

by P Nandhini

Updated Aug 12, 2024

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Juniper Hotels Q1 Results Profit Before Tax of ₹1,771.13 Lakhs and Net Profit of ₹1,476.24 Lakhs

Juniper Hotels has reported its financial results for the first quarter of 2024-2025, showcasing a solid performance despite some challenges. For the quarter ending June 30, 2024, the company achieved a total income of ₹17,831.30 lakhs, reflecting a steady increase from the previous quarter.

The company’s total expenses were ₹16,060.17 lakhs, which is slightly lower than the previous quarter. This resulted in a profit before tax of ₹1,771.13 lakhs, a significant improvement compared to earlier periods.

The net profit for the quarter stood at ₹1,476.24 lakhs, highlighting Juniper Hotels’ ability to generate positive returns. The total comprehensive income for the period was ₹1,468.06 lakhs, showing a strong financial position.

The earnings per equity share were ₹0.66, which indicates a positive trend. Overall, Juniper Hotels continues to perform well, driven by its strategic partnership with Hyatt and its focus on efficient asset management.

Juniper Hotels Q1 Results 2024 - 2025

Juniper Hotels has reported its financial results for the first quarter of 2024-2025, demonstrating a strong performance despite some fluctuations in revenue and expenses. The company has shown notable improvements in profitability and earnings per share compared to previous periods. Here’s a detailed overview of their Q1 results:

Particulars June 30, 2024 March 31, 2024 June 30, 2023 March 31, 2024
Total Income ₹17,831.30 lakhs ₹21,686.50 lakhs ₹16,893.95 lakhs ₹76,050.72 lakhs
Total Expenses ₹16,060.17 lakhs ₹21,371.70 lakhs ₹18,810.92 lakhs ₹80,162.22 lakhs
Profit Before Tax ₹1,771.13 lakhs ₹5,514.80 lakhs -₹1,926.96 lakhs -₹4,211.50 lakhs
Profit After Tax ₹1,476.24 lakhs ₹3,583.91 lakhs -₹1,088.81 lakhs ₹508.34 lakhs
Total Comprehensive Income ₹1,468.06 lakhs ₹3,498.18 lakhs -₹2,077.32 lakhs ₹875.63 lakhs
Earnings per Equity Share ₹0.66 ₹1.86 -₹0.76 ₹0.56
Paid-up Equity Share Capital ₹22,250.24 lakhs ₹22,250.24 lakhs ₹14,370.00 lakhs ₹22,250.24 lakhs

Here is a table showing Juniper Hotels' quarter-on-quarter (QoQ) and year-on-year (YOY) growth:

Metric Q1 2024 QoQ Growth YOY Growth
Total Income ₹17,831.30 lakhs -17.7% +5.6%
Total Expenses ₹16,060.17 lakhs -24.9% -14.3%
Profit Before Tax ₹1,771.13 lakhs -67.8% N/A
Net Profit ₹1,476.24 lakhs -58.9% N/A
Earnings per Share ₹0.66 -64.5% N/A

Source: Click Here

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Juniper Hotels Current Market Overview

Juniper Hotels is currently trading at ₹413 per share, with a market capitalization of ₹9,196 crore. The stock has fluctuated between ₹361 and ₹538 recently, and it currently reflects a decline of 1.65%.

Despite a high price-to-earnings (P/E) ratio of 386, which suggests that the stock is valued at a premium relative to its earnings, the company does not offer a dividend yield. Its book value per share is ₹119, and it shows a return on capital employed (ROCE) of 6.81% and a return on equity (ROE) of 1.58%, indicating modest profitability and efficiency.

Metric Value
Current Price ₹413
Market Cap ₹9,196 Cr.
High / Low ₹538 / ₹361
Stock P/E 386
Book Value ₹119
Dividend Yield 0.00%
ROCE 6.81%
ROE 1.58%
Face Value ₹10.00
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Quarterly Results

Here’s a table showing Juniper Hotels' quarterly financial results for September 2023, December 2023, and March 2024:

Metric Sep 2023 Dec 2023 Mar 2024
Sales (₹ Cr.) 168 236 245
Expenses (₹ Cr.) 108 140 154
Operating Profit (₹ Cr.) 60 97 91
Operating Profit Margin (OPM %) 36% 41% 37%
Other Income (₹ Cr.) 0 4 3
Interest (₹ Cr.) 68 72 61
Depreciation (₹ Cr.) 20 26 26
Profit Before Tax (₹ Cr.) -27 3 7
Tax % -43% -21% -581%
Net Profit (₹ Cr.) -16 4 47
EPS (₹) -0.91 0.21 2.10
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About Juniper Hotels

Juniper Hotels is a prominent luxury hotel development and ownership company in India, with a portfolio of seven hotels featuring 1,836 rooms and 245 serviced apartments. The company is a joint venture between the Saraf group, known for its extensive experience in hotel development, and Hyatt, a leading global hospitality brand.

Juniper Hotels manages its properties under the Hyatt brand and focuses on creating high-end, mixed-use spaces that include hotels, serviced apartments, restaurants, and event venues. The company is recognized for its commitment to excellence in both development and asset management, ensuring that its properties offer exceptional guest experiences.


Juniper Hotels Q1 Results - FAQs

1. What was Juniper Hotels' total income for Q1 2024?  

Juniper Hotels' total income for Q1 2024 was ₹17,831.30 lakhs.

2. What are Juniper Hotels' total expenses for Q1 2024?  

Juniper Hotels' total expenses for Q1 2024 were ₹16,060.17 lakhs.

3. What was Juniper Hotels' profit before tax for Q1 2024?  

Juniper Hotels' profit before tax for Q1 2024 was ₹1,771.13 lakhs.

4. What is the net profit of Juniper Hotels for Q1 2024?  

Juniper Hotels' net profit for Q1 2024 was ₹1,476.24 lakhs.

5. What is Juniper Hotels' earnings per equity share for Q1 2024?  

Juniper Hotels' earnings per equity share for Q1 2024 were ₹0.66.

6. What is the market cap of Juniper Hotels?  

The market cap of Juniper Hotels is ₹9,196 crore.

7. What is the book value per share for Juniper Hotels?  

The book value per share for Juniper Hotels is ₹119.

8. What is the return on capital employed (ROCE) for Juniper Hotels?  

The return on capital employed (ROCE) for Juniper Hotels is 6.81%.

9. What is the return on equity (ROE) for Juniper Hotels?  

The return on equity (ROE) for Juniper Hotels is 1.58%.

10. Does Juniper Hotels offer a dividend yield?  

No, Juniper Hotels does not offer a dividend yield.

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