Royal Orchid Hotels Ltd. (ROHL), a leading hotel chain with over 100 properties across India, has announced robust financial performance for the first quarter of fiscal year 2024-25. The company’s financial statement, released following the approval of its Board of Directors, highlights a significant increase in total income.
On a standalone basis, ROHL’s total income jumped from INR 45.58 crore in Q1 FY2024 to INR 49.09 crore in Q1 FY2025. Similarly, on a consolidated level, total income grew from INR 73.72 crore last year to INR 77.66 crore in the first quarter of FY2025. This revenue growth is driven by the company’s strategic expansion across India, with the addition of six new properties during the quarter.
Despite this positive revenue trend, the first quarter saw a marginal decline in both Profit After Tax (PAT) and EBITDA, on both standalone and consolidated levels. Standalone EBITDA decreased from INR 13.67 crore in Q1 FY2024 to INR 13.62 crore in Q1 FY2025, while PAT dropped slightly from INR 4.66 crore to INR 4.43 crore year-over-year. Consolidated results also reflected a decline, with EBITDA falling from INR 22.92 crore in Q1 FY2024 to INR 21.29 crore in Q1 FY2025, and PAT decreasing from INR 10.73 crore to INR 8.72 crore on a year-over-year basis.
Chander K. Baljee, Chairman and Managing Director of ROHL, expressed satisfaction with the company’s performance, highlighting the balanced portfolio growth across regions. He stated, “We are pleased with our balanced portfolio growth across regions, reflected in our increased revenue compared to the same period last year, and the addition of six new properties this quarter. Our strategic focus on expansion is evident with our enhanced presence in the NCR region, the commercial hub of Mumbai, and the opening of the largest All-Suite 5-star hotel in Surat, Gujarat. We are on track with our aggressive growth plans to introduce three new brand categories and add over 1,800 keys in the next nine months, positioning us for sustained growth in the upcoming quarters.”
ROHL’s Regenta brand has been a key driver of its growth throughout India, with over 80 Regenta hotels currently operating across various categories. The company is also leveraging its Regenta Rewards program to strengthen its loyalty platform and unify its existing 100+ hotels with the new properties planned for launch this year.
ROHL’s strategic expansion and focus on innovation, coupled with its strong brand recognition, position the company for continued growth in the Indian hotel industry. The company’s commitment to expanding its portfolio and introducing new brand categories is expected to further enhance its market share and profitability in the coming years.
