Advani Hotels & Resorts (India) Limited (BSE: ADVANIHOTR), the owner of the renowned Caravela Beach Resort Goa, has reported a record net profit of INR 1192 lakhs for Q3 FY25, marking a 28% year-on-year (YoY) growth. The company has also declared a 50% dividend (INR 1 per share) on the face value of INR 2 per share, with a total payout of INR 924.38 lakhs.
The company’s total income for Q3 FY25 rose by 9.2% YoY to INR 3607.4 lakhs, driven by strong demand in the leisure, wedding, and MICE (Meetings, Incentives, Conferences, and Exhibitions) segments. Despite a slight dip in occupancy (84.9% vs. 85.4% in Q3 FY24), revenue growth was fueled by a 10.5% increase in Total Revenue per Occupied Room per Night (TRevPOR) to INR 24,065. The Caravela Beach Resort Goa also recorded impressive figures on key festive nights, achieving an Average Net Revenue per Occupied Room of INR 33,905 on Christmas Eve (83.1% occupancy) and INR 48,203 on New Year’s Eve (94.4% occupancy).
Debt-Free Growth & Strong Financials
Advani Hotels & Resorts remains debt-free with Liquid Fund Reserves of INR 5700 lakhs, reflecting an 18.5% YoY growth. EBITDA margin for Q3 FY25 surged to 46.6%, primarily due to an increase in high-margin revenue from weddings and F&B services.
Award-Winning Hospitality Excellence
Caravela Beach Resort Goa has received multiple industry awards, solidifying its reputation as a premier luxury destination. In 2024, it won:
- ‘Destination Wedding Resort of the Year—West India’ at the Economic Times MICE & Wedding Tourism Awards.
- ‘Best Beach Front Wedding Destination Resort in Goa’ at the Shubh Food Travel & Wedding Tourism Expo Summit.
- ‘Iconic Deluxe Beach Resort in Goa’ by Times Hospitality Icon Awards.
- ‘Best MICE Resort of Goa’ at the India MICE Awards by TravTour MICE Guide.
- ‘Guest Review Award 2024’ from GO-MMT.
- ‘Traveller Review Award 2025’ by Booking.com, with a current rating of 8.5/10.
Commitment to Sustainability & Guest Experience
The company has introduced eco-friendly water-saving aerators across the resort to conserve natural resources. To enhance guest experiences, new soft adventure activities like land and water zorbing, bungee trampoline, archery, target shooting, and local distillery tours have been added.
Chairman’s Statement
Sunder G. Advani, Chairman & Managing Director, stated, “We are thrilled to report our highest-ever quarterly revenue and net profit, driven by consistent demand in MICE and leisure travel. We remain committed to sustaining this momentum in Q4 FY25.”
Advani Hotels & Resorts continues to set new benchmarks in hospitality, combining financial strength with guest-centric innovations, ensuring a promising outlook for the coming quarters.
