Chalet Hotels Ltd. has reported a remarkable turnaround in its financial performance for the second quarter of the fiscal year. The company, known for its luxury hotel properties, has demonstrated strong growth across key financial metrics, signaling a robust recovery in the hospitality sector.

Financial Highlights

All financial figures in billion rupees, except for percentages

The company's performance shows a significant improvement across all major financial indicators:

• Net Profit: Chalet Hotels posted a consolidated net profit of 1.55 billion rupees, marking a substantial turnaround from the loss of 1.38 billion rupees in the same quarter of the previous year.
• Revenue: The company's revenue nearly doubled, reaching 7.35 billion rupees, up from 3.77 billion rupees year-over-year, representing a growth of 94.96%.
• EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) saw a substantial increase to 2.96 billion rupees from 1.50 billion rupees in the previous year, showing a growth of 97.33%.
• EBITDA Margin: The EBITDA margin improved to 40.29% from 39.65% in the previous year, indicating enhanced operational efficiency.

Sector Recovery and Company Performance

The impressive financial results reflect a strong recovery in the hospitality sector, which had been severely impacted by the COVID-19 pandemic. Chalet Hotels' ability to more than double its revenue and turn a significant loss into a substantial profit demonstrates the company's resilience and effective management strategies.

The improvement in EBITDA margin, albeit slight, suggests that the company has managed to control costs while significantly increasing its revenue. This could be attributed to operational efficiencies, potentially higher occupancy rates, and possibly increased average room rates as travel and tourism activities continue to rebound.

Looking Ahead

While these quarterly results are highly encouraging, investors and analysts will be keen to see if Chalet Hotels can maintain this momentum in the coming quarters. The hospitality industry's recovery trajectory and any potential headwinds in the macro-economic environment will be crucial factors to watch.

Chalet Hotels' strong performance may also be indicative of broader positive trends in the luxury hospitality segment, potentially signaling increased consumer confidence and spending in the travel and tourism sector.

As the company continues to navigate the post-pandemic landscape, its ability to capitalize on the recovering market while maintaining operational efficiencies will be key to sustaining this positive financial trajectory.

Chalet Hotels Limited , a prominent player in the hospitality sector, has announced a significant change in its senior management team. Ruchi Rudra, the company's General Manager for Investor Relations and Business Strategy, has tendered her resignation, marking the end of her tenure with the organization.

Key Details of the Resignation

Corporate Disclosure and Compliance

Chalet Hotels Limited, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has formally notified the National Stock Exchange of India Limited and BSE Limited about this development. The company's commitment to transparency is evident in its prompt disclosure to the stock exchanges.

Transition Period

Ms. Rudra's resignation letter, dated August 11, 2025, indicates her willingness to serve a notice period effective from August 1, 2025. During this transition, she has offered to assist in the handover of her responsibilities and, if required, train her replacement. This approach aims to ensure a smooth transition of her duties and maintain continuity in the company's investor relations and business strategy functions.

Company's Response

Chalet Hotels Limited, through its Company Secretary and Compliance Officer, Christabelle Baptista, has acknowledged Ms. Rudra's contribution to the organization. The company's formal communication to the stock exchanges reflects its adherence to regulatory requirements and commitment to keeping stakeholders informed of significant management changes.

Implications for Chalet Hotels

The departure of a senior executive can present challenges for any organization. Chalet Hotels Limited's proactive approach in managing this transition demonstrates its focus on maintaining stability in its operations and stakeholder relations. The company's next steps in addressing this change in its senior management will be of interest to investors and industry observers.