Juniper Hotels Limited — Important, 11-02-2025: Financial Result Updates

**Q3 FY25 Results Summary**

Juniper Hotels Limited has announced a board meeting to discuss the financial results for the quarter and nine months ended December 31, 2024. The consolidated total income reached ₹261 crore, marking an 8% year-over-year growth. This growth was primarily driven by an increase in room revenue, especially from the Andaz Delhi and Grand Hyatt Mumbai hotels. Arrangements to modernize F&B outlets and the launch of "The Grand Showroom" also contributed to revenue generation in the F&B and MICE segments.

Net profit for the quarter stood at ₹32.5 crore, contrasting with a loss of ₹27.8 crore in the previous quarter. EBITDA improved to ₹101 crore, reflecting a recovery in margins to 39%. The operational costs increased to ₹159.7 crore, partly due to heightened employee benefit expenses and maintenance costs linked to recent refurbishments, which were necessary for maintaining service quality across assets.

Juniper's balance sheet remains solid, supported by a strategic focus on leveraging its recent acquisitions, including substantial investments in a Bengaluru asset poised to be operational by H2 FY26. The ongoing refurbishment of flagship properties and upcoming developments in Kaziranga reinforce a positive outlook. Market sentiment remains cautiously optimistic, with potential long-term structural tailwinds in the hospitality sector.

Given these performance metrics and strategic initiatives, a favorable view towards holding interests in Juniper Hotels is suggested, taking into account the potential operational growth and market expansion opportunities.