Advani Hotels & Resorts (India) Limited, the company behind the luxurious Caravela Beach Resort Goa, has announced its financial results for the third quarter (Q3) of the financial year 2024-25 (FY25). The results show a significant increase in revenue and profitability, with the company reporting a net profit of INR 1192 lakhs, a growth of 28% year-over-year (YoY).
Key Highlights of Q3 FY25 Results
- Total income increased by 9.2% YoY to INR 3607.4 lakhs.
- EBITDA margin expanded to 46.6%, driven by higher revenue and efficient cost management.
- Profit Before Tax (PBT) rose by 26.2% YoY to INR 1604.5 lakhs.
- Net Profit increased by 28% YoY to INR 1191.6 lakhs.
- The company declared a dividend of 50% (INR 1 per share), resulting in a payout of INR 924.38 lakhs.
Strong Operational Performance
The Caravela Beach Resort Goa witnessed strong operational performance during Q3 FY25, with:
- Occupancy rate of 84.9%, despite a slight decline in total room nights sold.
- Total Revenue per Occupied Room per night (TRevPOR) increased by 10.5% YoY to INR 24,065.
- Average Net Revenue per Occupied Room per night on Christmas Eve and New Year’s Eve reached INR 33,905 and INR 48,203, respectively.
Debt-Free Status and Liquid Fund Reserves
Advani Hotels & Resorts (India) Limited maintains a debt-free status, with Liquid Fund Reserves (including Fixed Deposits) increasing by 18.5% YoY to INR 5699.8 lakhs as of December 31, 2024.
Awards and Recognition
During the nine months ended December 2024, the Caravela Beach Resort Goa received several prestigious awards, including:
- ‘Destination Wedding Resort of the Year—West India’ at the Economic Times MICE & Wedding Tourism Awards 2024.
- ‘Best Beach Front Wedding Destination Resort’ in Goa at the Shubh Food Travel & Wedding Tourism Expo Summit & Awards 2024.
- ‘Iconic Deluxe Beach Resort’ in Goa by the Times of India – Times Hospitality Icon 2024.
- ‘Best MICE Resort of Goa’ at the India MICE Awards 2024 by TravTour MICE Guide.
- ‘Guest Review Award 2024’ from GO-MMT.
- ‘Traveller Review Award 2025’ by (link unavailable)
The company has implemented eco-friendly measures, such as installing aerators in each faucet to conserve water. Additionally, Advani Hotels & Resorts has introduced various soft adventure and guest experiential activities, including land and water zorbing, bunjee trampoline, archery, target shooting, and local distillery tours.
Industry Outlook
The hospitality industry in Goa is undergoing a transformation, shifting focus from mass tourism to attracting high-value visitors. The state government is working to improve the tourism experience by addressing infrastructure challenges and promoting sustainable tourism practices. Advani Hotels & Resorts is well-positioned to capitalize on this trend, with its luxury offerings and strong operational performance.
Advani Hotels & Resorts (India) Limited’s Q3 FY25 results demonstrate the company’s ability to deliver strong revenue growth, expand margins, and maintain a debt-free status. With its focus on luxury tourism, eco-friendly initiatives, and guest experience enhancements, the company is poised for continued success in the hospitality industry.
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