Kamat Hotels Rockets on Q3 Earnings, Stock Hits 20% Upper Limit

Kamat hotels

Kamat Hotels (India) surged on blockbuster earnings in Q3 FY25, with its stock hitting the upper limit of 20% to close at Rs 272.55. The company reported a robust sequential performance, with consolidated net profit soaring 215.7% to Rs 26.2 crore compared to Rs 8.3 crore in Q2 FY25. Operational income rose by 29.9% to Rs 110.9 crore, while profit before tax jumped 203.4% to Rs 35.5 crore quarter-on-quarter. Although year-on-year figures showed a 37% decline in net profit and a 16.7% dip in PBT, profit before exceptional items surged by 251.5% after accounting for a one-time gain of Rs 32.5 crore from a property sale in Q3 FY24.

The company’s EBITDA reached Rs 44.1 crore, marking a 69.6% increase year-on-year and a 96% rise from the previous quarter, with EBITDA margins improving significantly to 39.77% from 26.35% in Q2 FY25 and 30.20% in Q3 FY24. Consolidated occupancy rates remained steady at 65%, while Average Revenue Per Room climbed to Rs 6,377—up 16.3% quarter-on-quarter and 5% year-on-year.

Kamat Hotels, known for its diverse portfolio of luxury and mid-premium brands including Orchid, Fort JadhavGadh, Mahodadhi Palace, Lotus Resorts, and IRA by Orchid, is focusing on expanding its market presence. The company is targeting topline growth through new projects, improved operational efficiencies, and an enhanced digital marketing strategy, all while maintaining a strong net cash position.

With continuous property improvements and strategic expansion via lease agreements, revenue-sharing, and management contracts, Kamat Hotels is poised to further solidify its leadership in India’s hospitality sector.

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