HomeNewsBusinessStocksSAMHI Hotels: Weak Q2 FY24 results; turnaround likely in H2

SAMHI Hotels: Weak Q2 FY24 results; turnaround likely in H2

Bharat Gianani • November 10, 2023 / 10:08 IST

With a steep reduction in debt and margin improvement owing to the reduction in ESOPs, non-recurrence of one-time costs and minimal capex, SAMHI’s balance sheet would strengthen further

Q2 margins were affected by higher ESOPs, one-time expenses

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