Ventive Hospitality's Q4 Profit Soars 175% YoY to ₹1.3 Billion
Ventive Hospitality's Q4 financial results show remarkable growth. Consolidated net profit reached ₹1.30 billion, up 175% year-over-year from ₹472.00 million. Revenue soared to ₹6.97 billion, a 481% increase from ₹1.20 billion in the previous year. The company also saw significant sequential growth, with net profit rising from ₹223.00 million in Q3 to ₹1.30 billion in Q4.
12May 25
Ventive Hospitality's Q4 Results Show Robust Growth Despite Margin Pressure
Ventive Hospitality's Q4 FY2023 results show impressive year-over-year growth. Revenue surged 480.80% to ₹6.97 billion, while net profit increased 175.40% to ₹1.30 billion. EBITDA grew 191.70% to ₹3.50 billion. However, EBITDA margin declined to 50.38% from 61.11% in the previous year, indicating potential operational cost challenges despite strong top-line performance.