Efforts to bring more efficiency to get visible from FY22E onwards With the vaccination drive launched by many developed countries including India, we expect FY22E to be a year of strong recovery after severe challenges faced by hotel companies in FY21 due to Covid. To cope up with these ongoing challenges, the company has initiated major steps to bring down costs and come out stronger and more efficient. During the quarter, the company managed to reduce fixed overhead by 30% major being salary and admin related. It has also resorted to process efficiency like back-office...