Quarterly Result29 Jan 2025, 11:29 pm
Chalet Hotels Reports Q3 FY25 Results: Best Ever Quarter with 22% Increase in Revenue and 37% Growth in PAT
AI Summary
Chalet Hotels Limited has announced its results for the third quarter of the fiscal year 2025 ending December 31, 2024. The company reported a 22% increase in total revenue, reaching INR 4.6 bn, and a 37% growth in Profit After Tax (PAT) at INR 965 mn. The hospitality segment saw a 17% increase in revenue, with ADR at INR 12,944 and occupancy at 70%. The rental and annuity segment saw an additional 0.4 msf leasing within the quarter. Chalet Hotels Limited was honoured as one of the top 5 hotel developers in India by the Hospitality Horizon Awards 2024 and received the Great Place To Work ®, India certification for the sixth consecutive year.
Key Highlights
- Total Income at INR 4.6 bn, up 22% as compared to Q3 FY24
- Total EBITDA at INR 2.1 bn, up 23% as compared to Q3 FY24
- Hospitality Segment Performance: Revenue at INR 4.0 bn, up by 17% from Q3 FY24
- Chalet Hotels Limited was honoured as one of the top 5 hotel developers in India by the Hospitality Horizon Awards 2024
- Chalet Hotels Limited has received the Great Place To Work ®, India certification for the sixth consecutive year