• November 3, 2024

SAMHI Hotels Limited Reports Strong Q1FY25 Results with Significant Growth

SAMHI Hotels Limited, hotel ownership and asset management platform in India, has announced its unaudited results for the quarter ending June 30, 2024.

Chairman & Managing Director Ashish Jakhanwala highlighted a total revenue of INR 2,568 million and consolidated EBITDA of INR 934 million, marking a 43.7% year-on-year growth. The company’s RevPAR increased by 13.0% YoY, reflecting robust market demand. The integration of ACIC has yielded a margin improvement of ~520 basis points in Q1FY25 compared to H1FY24.

The company’s liquidity remains strong, supporting both internal and external growth. With the rebranding of ACIC hotels and a strong development pipeline, SAMHI is poised for continued growth in the upcoming quarters. Key highlights include a 31.2% YoY increase in asset income and a 31.7% growth in asset EBITDA, demonstrating the strength of SAMHI’s portfolio and strategic acquisitions.

 

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