In line with our aspiration of 10,000 keys by FY30, we had a strong inventory addition of 219 keys this quarter says Manoj Bhat, Managing Director and Chief Executive Officer, Mahindra Holidays & Resorts India Ltd
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The company achieved a record revenue of Rs 3.8 billion, a 20 per cent increase from last year
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Operating profit margin (OPM) to remain stable at 12-13 per cent in FY2025 due to decline in packaging material cost, despite increase in grain prices in H1 FY2025
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This brings the company’s total to 345 hotels, with a strong pipeline of 115 upcoming projects
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The platform announces the launch of innovative ‘Bus Pass’
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Highlights include the company awarding 27 contracts, opening 22 hotels and adding around 1,400 net rooms to its portfolio in the region
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The company reported a consolidated income of Rs 77.66 crore and a standalone income of Rs 49.09 crore
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They achieved the highest domestic load factor in the industry at 91 per cent
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