Q4-FY26 · Chandra K Bali
It has become very very difficult for us to give any guidance. However we are pledged to improve our performance. This year if you see our numbers that's why I have given the numbers with Iconica and without Iconica also.
Royal Orchid Hotels · tone and specificity signals across the available quarters.
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It has become very very difficult for us to give any guidance. However we are pledged to improve our performance. This year if you see our numbers that's why I have given the numbers with Iconica and without Iconica also.
We can become debt-free even today also in one shot but we are on plan that we will grow the company and as Mr. Bali already said that we are following an asset light strategy wherein we sign hotels on management and then there are some flexi leases.
The new labor code expenses are very very high and in fact today there is a news article in the Bangalore papers that they're planning to increase the minimum wages and if they do that it's going to be disastrous for the hotel industry.