Chalet Hotels Limited announced its financial results for the third quarter of FY25, reporting a consolidated revenue of ₹464.5 crore, marking a 22% YoY growth. The company also posted a net profit of ₹96.5 crore, reflecting a 37% increase compared to Q3 FY24.
Key Highlights:
- Total Income stood at ₹464.5 crore, up 22% YoY.
- EBITDA reached ₹211.4 crore, reflecting a 23% YoY increase.
- PBT surged to ₹118.4 crore, showing a 33% YoY rise.
- Hospitality Segment Performance:
- Revenue from hospitality stood at ₹400.5 crore, growing by 17% from Q3 FY24.
- ADR increased by 18% YoY to ₹12,944.
- RevPAR improved by 16% to ₹9,090.
- EBITDA for the segment reached ₹184.7 crore, up 16% YoY.
- Rental Annuity Business:
- Revenue for the segment grew to ₹57.7 crore, up 91% YoY.
- EBITDA for the segment rose to ₹45.5 crore, increasing by 82% YoY.
Development Pipeline:
Chalet Hotels is actively expanding its portfolio, with upcoming projects including:
- Bengaluru Marriott Hotel Whitefield expansion.
- Renovation of The Dukes Retreat, to be completed in Q1 FY26.
- Launch of Taj at Delhi Airport and Hyatt Regency in Navi Mumbai.
- New leisure hotel in Goa, set to open in FY28.
Speaking on the results, Sanjay Sethi, MD & CEO of Chalet Hotels, stated, “Our strongest-ever quarterly performance reflects our relentless pursuit of excellence. We continue to invest in value-accretive growth and sustainable progress, further strengthening our position as a market leader.”
TOPICS:
Chalet Hotels