Hotels company Ventive Hospitality announced Q3FY25 results Financial Highlights: Revenue: Rs 5,664 million and up 15% vs Q3FY24. EBITDA: Rs 2,776 million and up 31% vs Q3FY24. EBITDA Margin: 49% and up 600 bps vs Q3FY24. Business Highlights: Raised Rs 16,000 million of primary capital and successfully listed the company on 30th December 2024 with a strong investor interest and 10x oversubscription. Achieved 33% YoY EBITDA growth in the hospitality segment led by RevPAR growth, operating efficiencies and margin expansion. Achieved 8% YoY average RevPAR growth. Net debt of Rs 17.3 billion; significant headroom for future growth. Successfully refinanced our borrowings in Maldives achieving 210bps reduction in cost of debt Ranjit Batra, Chief Executive Officer, said: "We're delighted to report a stellar debut quarter as a listed company, driven by a strong performance by our Hospitality assets in India and Maldives with a 33% YoY EBITDA growth in this quarter. We would like to also welcome all the new shareholders to the Ventive family post our successful listing. As we begin our journey as a listed company, we believe our distinct portfolio is wellpositioned to capture strong demand in the high-end hospitality sector. We'll continue to execute our growth strategy, focusing on long-term value creation for all stakeholders." Result PDF