Quarterly Result5 Feb 2025, 04:37 pm
Sterling Holiday Resorts Announces Best Ever Quarter Results in Q3 FY25 with Double-digit Growth in Income, EBITDA and EBIT
AI Summary
Sterling Holiday Resorts Ltd., a wholly owned subsidiary of Thomas Cook (India) Limited, has announced its best ever quarter results in Q3 FY25. The company reported double-digit growth in Income, EBITDA and EBIT, with Income growing 12% YoY to Rs.1,389 Mn, EBITDA growing by 14% and EBIT growing by 13% YoY. The strong performance is attributed to the company's expansion plans and the launch of three new resorts in Q3. Sterling has also launched its ESG initiative, Sterling Sankalp, and several of its resorts have received industry-wide recognition in Q3.
Key Highlights
- Sterling Holiday Resorts announced its best ever quarter results in Q3 FY25
- The company reported double-digit growth in Income, EBITDA and EBIT
- Sterling launched 3 resorts in Q3 and has a healthy pipeline of additional destinations
- The company's ESG initiative, Sterling Sankalp, was launched in Q3
- Several Sterling resorts received industry-wide recognition in Q3