Advani Hotels & Resorts (India) Limited is an India-based company. The Company is engaged in the hotel business through its Caravela Beach Resort, which is a five-star deluxe resort situated in South Goa. It has a single operating segment, namely Hotel Business. It offers its property for accommodation, dining, experiences, weddings, and events. It has villas and approximately 201 guest rooms. It provides a range of facilities comprising resort amenities, room amenities, activities, services, bathroom, front desk services, outdoor swimming pool, parking, travel & transportation, spa, business facilities, among others. Its food and beverages outlets include Lanai & Cafe Cascada, Beach Hut, Castaways, Carnaval, In-Room Dining, among others. It has in-house resort activities experiences like spa sessions, parasailing, romantic beach picnics, cocktail making classes, e-bike tour, balloon art, canvas painting, golf, table tennis, among others.
Advani Hot & Res (I) Financial Highlights
- Revenue: Advani Hot & Res (I) reported revenue of ₹33.30 crore in FY10 vs ₹55.02 crore in FY09. It showed a decrease of 39.48% on a yearly basis.
- Operating Profit: Advani Hot & Res (I) reported an operating loss of ₹14.05 crore in FY10 vs ₹0.93 crore in FY09. It showed a decrease of 1,410.75% on a year-on-year basis.
- Net Profit: Advani Hot & Res (I) reported a net loss of ₹14.74 crore in FY10 vs ₹0.71 crore in FY09. It showed a decrease of 1,976.06% on a yearly basis.
Advani Hot & Res (I) Quarterly Result Highlights
- Advani Hot & Res (I) reported revenue of ₹15.91 crore in Mar 2009, compared with ₹14.53 crore in Dec 2008, representing an increase of 9.50% on a quarter-on-quarter (QoQ) basis.
- Advani Hot & Res (I) reported an operating profit of ₹1.13 crore in Mar 2009, compared with ₹0.20 crore in Dec 2008, representing an increase of 465.00% on a quarter-on-quarter (QoQ) basis.
- Advani Hot & Res (I) reported a profit of ₹0.99 crore in Mar 2009, compared with ₹1.27 crore in Dec 2008, reflecting a decrease of 22.05% on a QoQ basis.