Panchshil looks well placed in fast growing luxury hotel segment
Total income rose to Rs 494.7 crore in FY24 from Rs 237.5 crore in FY22, with RevPAR increasing to Rs 1,188.1 from Rs 725.5. EBITDA improved to Rs 300.6 crore (60.8% margin) from Rs 124.6 crore (52.5%), while net profit jumped to Rs 166.3 crore from Rs 29.4 crore. However, for the six months ending September 2024, the company reported Rs 388.9 crore in income and a net loss of Rs 20.8 crore.