Travel Food Services · tone and specificity signals across the available quarters.
Language signals
Our EBITDA margin of nearly 40% during the quarter. Our consolidated PAT increased to rupees 1.37 billion in Q3 FY26 compared to rupees 1.1 billion in the same period last year reflecting a 35.3% year-on-year growth on an adjusted basis.
The beauty of our business model is we tap across and we see the benefit if it goes a bit down somewhere we get a bit much more than that elsewhere. So that's what works well for us.
Highways we see as being where airports were probably when we entered the business in 2008. We see highways being at that stage—significant government investment, private participation happening, access-controlled expressways with wayside amenities.
FY26 has been a defining year for us. Not only as our first full year as a listed company, but at the same time being one that has been marked by multiple disruptions ranging from warlike events to airline related challenges which tested the resilience and adaptability of our business.
This growth has been supported by like for like growth of 6.1% year on year and net contract gains of 17.3% year on year in the quarter. LFL growth reflects the continued impact of our focused initiatives around menu engineering, premiumization and customer-led innovation.
The reality is the premium card holder is your frequent flyer. A mass card holder may fly once in six months for holiday or for work. The frequent flyers who maybe going three, four, five times a month are the premium card holders. So for us, it actually matters that consumer is coming five times, spending five times.