Hotels company Juniper Hotels announced Q1FY25 results: Debt amounting to Rs 15,000 million pared down from IPO proceeds IPO account utilization completed Record Q1 revenue of Rs 2,048 million, 21% YoY growth despite disruption due to construction and refurbishment at Grand Hyatt Mumbai ~2x QoQ growth in profit before tax which was reported at Rs 131 million in Q1FY25 JHL Credit Rating upgraded to ’IND AA-’/Stable by India Ratings & Research CHPL Credit Rating upgraded to “A- Stable” Result PDF
Hotels company Juniper Hotels announced FY24 results: Revenue from operations grew by Rs1,508 Mn in FY24 (i.e. 23% YoY) year of the highest revenue Raised Rs 18,000 million of growth capital through IPO on 28th February 2024 Balance sheet transformation by paring down debt (Rs 14,042 million) (Net bank debt to EBITDA: 5.7x from 0.7x) (Net Debt to Equity: 5.2x from 0.1x) Result PDF