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Prabhudas Lilladher has come out with its fourth quarter (January-March’ 24) earnings estimates for the Travel & Tourism sector. The brokerage house expects Chalet Hotels to report net profit at Rs. 101.5 crore up 84.1% year-on-year (up 43.8% quarter-on-quarter).
Net Sales are expected to increase by 36.6 percent Y-o-Y (up 23.5 percent Q-o-Q) to Rs. 461.5 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 39.4 percent Y-o-Y (up 28 percent Q-o-Q) to Rs. 212.5 crore.
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