Net profit of Samhi Hotels reported to Rs 12.62 crore in the quarter ended September 2024 as against net loss of Rs 88.00 crore during the previous quarter ended September 2023. Sales rose 20.72% to Rs 265.54 crore in the quarter ended September 2024 as against Rs 219.96 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales265.54219.96 21 OPM %34.7123.08 - PBDT41.03-60.56 LP PBT12.20-88.44 LP NP12.62-88.00 LP Powered by Capital Market - Live News

The Board of Samhi Hotels at its meeting held on 04 October 2024 has approved the acquisition of Innmar Tourism and Hotels for a consideration of Rs 205 crore (enterprise value). The target owns an operating hotel with 142 rooms in Whitefield, Bangalore along with surplus land for development of an additional 200-220 rooms in the upper upscale segment. Powered by Capital Market - Live News

Samhi Hotels announced that the 14th Annual General Meeting (AGM) of the company will be held on 19 September 2024.Powered by Capital Market - Live News

Net profit of Samhi Hotels reported to Rs 4.23 crore in the quarter ended June 2024 as against net loss of Rs 83.49 crore during the previous quarter ended June 2023. Sales rose 31.22% to Rs 249.89 crore in the quarter ended June 2024 as against Rs 190.44 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales249.89190.44 31 OPM %32.8423.81 - PBDT33.42-60.48 LP PBT3.48-83.48 LP NP4.23-83.49 LP Powered by Capital Market - Live News

Samhi Hotels will hold a meeting of the Board of Directors of the Company on 2 August 2024.Powered by Capital Market - Live News