Prabhudas Lilladher has come out with its third quarter (October-December’ 23) earnings estimates for the Travel & Tourism sector. The brokerage house expects Chalet Hotels to report net profit at Rs. 54.7 crore up 30.7% year-on-year (up 50.1% quarter-on-quarter).
Net Sales are expected to increase by 22.6 percent Y-o-Y (up 12.9 percent Q-o-Q) to Rs. 355.2 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 35.9 percent Y-o-Y (up 22.5 percent Q-o-Q) to Rs. 154.3 crore.
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