Future Quarter Commentary by Management:
- H2 EBITDA Margins will be above 30%.
- Q3 will be a strong quarter. Q4 will be the second strongest quarter. 40-45% of the revenues come in H1. So 5500 crs revenue can be expected for FY23.
- Corporate overheads will go down from 8% to 6%.
- Fixed costs will also go down from 46% to 38% and should go lower.
- Newly positioned Ginger Brand has already done 39% EBITDA margins which are still likely to increase.
- Usually only go into businesses with an EBITDA Margin of 35% or they don’t enter into those businesses.
- Occupancy saw a rise from 68% to 70% and will continue to rise.
- Room Rates can still see an upside in the luxury segment.
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