Chalet Hotels delivered robust fourth-quarter results with consolidated net profit rising 31.7% to ₹163 crore for the quarter ended March 31, compared to ₹124 crore in the corresponding period last year. According to reports from CNBC TV18, revenue from operations increased 7% year-on-year to ₹558.2 crore, while EBITDA grew 10.1% to ₹265.8 crore. The company's EBITDA margin improved to 47.6% from 46.2% a year earlier, demonstrating enhanced operational efficiency.
The hospitality segment showed steady performance with revenue of ₹470 crore during the quarter, up 3% from the corresponding period last year. As reported by CNBC TV18, average room rate (ARR) rose 8% year-on-year to ₹15,456, indicating strong pricing power across key markets. The segment's EBITDA stood at ₹220 crore with margins of 47.4%, reflecting healthy profitability despite competitive pressures in the hospitality industry.
The company's commercial real estate business demonstrated exceptional growth with revenue rising 37% year-on-year to ₹84.7 crore. According to CNBC TV18, EBITDA from the segment climbed 42% to ₹70.8 crore, with margins at 83.6%, highlighting the strong performance of this diversified revenue stream. This growth trajectory underscores the company's successful expansion into commercial real estate and rental income generation.
Managing Director and CEO Shwetank Singh highlighted the company's resilient performance despite challenging conditions including geopolitical volatility, disruptions in the aviation sector and extreme weather conditions. As reported by CNBC TV18, he noted that Chalet Hotels continued to see pricing-led growth across key markets and strengthened its long-term pipeline through expansion into Hyderabad and Udaipur, alongside progress in its residential business. The company's diversified approach across hospitality and commercial real estate segments provided stability during uncertain times.
The board declared a final dividend of ₹1 per equity share of face value ₹10 each, amounting to ₹21.89 crore, according to the exchange filing reported by CNBC TV18. Shares of Chalet Hotels ended marginally higher on Thursday, May 14, by 0.81% at ₹750.00 on the NSE, reflecting positive market sentiment toward the company's strong quarterly performance and growth prospects.
