The growth will be supported by improving infrastructure, rising disposable incomes, a shift in travel patterns, and the government’s focus on boosting domestic tourism.
This growth follows a strong fiscal year where revenue surged by approximately 40 per cent to around Rs 14,500 crore, surpassing pre-pandemic levels by about 20 per cent.
The credit profiles of travel operators are expected to remain healthy, supported by strong balance sheets and steady operating margins of 6.5-7 per cent, resulting in substantial cash flows and low reliance on debt, the Crisil report noted.
An analysis of four major travel operators, accounting for around 60 per cent of the sector’s revenue, supports this optimistic outlook.
この記事は The Business Guardian の August 05, 2024 版に掲載されています。
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この記事は The Business Guardian の August 05, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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