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TajGVK Hotels shares zoom 9% after posting 76% jump in profits in Q2

Business Standard LogoBusiness Standard2w ago

TajGVK Hotels shares zoom 9% after posting 76% jump in profits in Q2 - Business Standard

Quick Summary:

TajGVK Hotels and Resorts share price surged 9.50 per cent at Rs 335.

The earnings before interest, tax and depreciation (Ebitda) margin came in at 28 per cent improving from 24.18 per cent in the September quarter of FY24.

Sequentially the profits soared 54.6 per cent compared to Rs 12.71 crore registered in Q1FY25.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 13:26:12 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 442 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23391437

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 299 posts per day

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Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

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Publisher ID: #49

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