Conference Call with Chalet Hotels Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.
Hotels company Chalet Hotels announced Q2FY25 results Financial Highlights: Total Income at Rs 3.8 billion, up 20% as compared to Q2FY24. Total EBITDA at Rs 1.6 billion, up 20% as compared to Q2FY24. Hospitality Segment Performance: Revenue at Rs 3.3 billion, up by 18% from Q2FY24. ARR at Rs 10,532, up by 10% over Q2FY24. Occupancy was at 74% o RevPAR improved by 10% YoY to Rs 7,756. EBITDA was at Rs 1.4 billion up by 18% from Q2FY24. Other Highlights: Chalet Hotels have been recognized for its work in ESG. Won the KPMG ESG Excellence Award 2024 in Mid-cap/Small-cap Companies. Chalet continues to be ‘India’s Best Workplaces for Women’ 2024 by Great Place To Work. Acquired 11-acres beachfront land in the pristine white sand beaches of Varca Goa with a development potential of ~170 upper upscale rooms. Sanjay Sethi, MD & CEO, Chalet Hotels said: "We are pleased to report another outstanding quarter of growth, driven by positive momentum in room rates and backed by strong EBITDA margins, an indication that our strategic initiatives and efforts to drive operational excellence are paying off. Our upcoming 11-acre beachfront development in Goa is set to transform the region over the next three years. As we enter the second half of the year, we are confident in maintaining this upward trajectory to maximise returns across our diverse portfolio." Result PDF
Conference Call with Chalet Hotels Ltd. Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.