Sinclairs Hotels Limited — Important, 22-05-2025: Updates
22-05-2025 | 12:21 pm
22-05-2025 | 12:21 pm
Sinclairs Hotels faced revenue and profit declines due to landslide and flood disruptions in Gangtok, Kalimpong, and Darjeeling, along with initial losses at Sinclairs Udaipur. The upcoming Sinclairs Palace Retreat Udaipur will boost room capacity from 581 to around 700 by FY27. Despite short-term challenges and some investment write-downs, strong promoter holding (63%) and steady dividends/buybacks underline its position as a profitable, low-risk player in India’s hospitality space.
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