As filed · Updates
The Apeejay Surrendra Park Hotels Limited (‘Company’), has entered into. Memorandum of Understanding (MoU) today with M/s. Raman Industrial Enterprises, a partnership. Approximately 1308 sq. meters, situated at Village Jaisinghpura Bangar, Tehsil Sadar, District Mathura.
A joint venture commits capital and management time to an asset the company only part-owns.
Prior statements by this company that CapitSignal has recorded changing.
EBITDA stood at Rs.47 crores up 3% year-on-year with EBITDA margin at 28.12%.
At the consolidated level, revenue achieved was Rs.172 crores up 10% and EBITDA at Rs.52 crores up 8% over last year.
We are going to open 29 outlets as we go forward.
We plan to add 29 outlets from here on to end the year at about 140 outlets by the end of the year.
We plan to add 29 outlets from here on to end the year at about 140 outlets by the end of the year.
the overall plan is that by the time we reach 2030, we have 400 outlets of Flurys.
