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Jungle Camps aims to hit Rs 100 cr revenue by 2028; firms up IPO plans

Business Standard LogoBusiness Standard7h ago

Jungle Camps aims to hit Rs 100 cr revenue by 2028; firms up IPO plans - Business Standard

Quick Summary:

Jungle Camps India clocked a total revenue of Rs 18.10 crore and a profit after tax (PAT) of Rs 3.59 crore in FY24, compared with total revenue of Rs 11.24 crore and PAT of Rs 45 lakh in FY23, registering a healthy growth of 61 per cent in revenues and a five-fold jump in profit.

Jungle Camps India Ltd, which provides wildlife and conservation-focused lodges to guests, on Wednesday announced plans to achieve Rs 100 crore in revenue by FY28 from Rs 18 crore in FY24.

"With the rising demand for unique experiences in sync with ever-evolving consumer preferences, we're excited to announce an ambitious expansion plan to add one or more resorts & hotels to our portfolio.


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Article Details

Category: BusinessFinance

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-24 @ 16:25:56 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 325 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21761291

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