Since FY18, the company has more than doubled the number of properties to 350, of which 238 are operational and nearly doubling its revenue from ₹4,000 crore to ₹7,000 crore in FY24. It has turned debt-free and is sitting on a cash of ₹2,000 crore as of FY24 as against a debt pile of ₹3,000 crore in FY17. The company closed FY24 with a net profit of ₹1,259 crore as against a paltry ₹63 crore in FY17.
This story is from the November 28, 2024 edition of The New Indian Express.
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This story is from the November 28, 2024 edition of The New Indian Express.
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