Q3-FY26 · Arun Saraf
The company has achieved a record quarterly revenue of 300 crores. Strong sectoral tailwinds, healthy demand momentum in our market and rising ARRs are the key drivers during this quarter.
Juniper Hotels · tone and specificity signals across the available quarters.
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The company has achieved a record quarterly revenue of 300 crores. Strong sectoral tailwinds, healthy demand momentum in our market and rising ARRs are the key drivers during this quarter.
Robust growth and improving cost efficiencies have resulted in a healthy 31% year-on-year growth in EBITDA to 132 crores. The margin for the quarter is 44% which is a sharp 500 basis point improvement over the corresponding quarter.
We've grown better than the comp set for the past year plus in Mumbai. We are pivoting to focus more on the high-yield segment and bridging the gap on the ARR where the number one in the comp set is still significantly ahead of us. So that's where the revenue and EBITDA upside will come from.