Occupancy levels remained stable compared to Q3 2023, but ADR improvements propelled the RevPAR increase across major markets
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For the quarter, the company reported operating revenues of USD 62.4 million, marking a 12.3 per cent increase from the previous quarter and a 27.0 per cent rise YoY
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Over the past decade, India's share of US apparel imports has shown a steady increase, rising from 4 per cent in 2013 to 5.8 per cent in 2023
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The company’s revenue from operations surged to Rs 3,634 crore in the second quarter of the current fiscal (Q2FY25) as against Rs 2,941 crore in Q2FY24
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India Inc’s profitability is estimated to have improved 70-90 basis points (bps) on-year during the quarter
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The report highlights that the fluctuating oil prices have also played a role in shaping market sentiments during the quarter, as energy costs remain volatile
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Crisil Ratings says that the credit profiles to remain stable due to steady profitability and moderate capex
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Aggressive competition amongst players will constrain margin recovery, despite healthy revenue growth expectations
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Operating profit margin (OPM) to remain stable at 12 to 13 per cent in FY2025 due to a decline in packaging material cost, despite the increase in grain prices in H1FY2025, says Icra
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