Total revenue of Rs. 18.10 crore recorded with a profit (PAT) of Rs. 3.59 crore in FY24
- 61.03 % jump in revenue noticed with an eight-fold rise in profit in one year
- IPO considered to raise capital for expansion plans with Khambatta Securities Limited appointed to lead the portfolio
TTT NEWS NETWORK
NEW DELHI, 24 JULY 2024:
Jungle Camps India Limited, one of the leading experiential ecological hospitality groups in India, today announced its ambitious plans to achieve Rs. 100 crores in revenue by FY28. In line with its growth strategy, the Delhi-headquartered company has set its sights on an initial public offering (IPO) to fund its expansion plans, which would be managed by Khambatta Securities Limited.
With its properties located in the tranquil and deep forests of central India, Jungle Camps India offers exceptionally curated wildlife hospitality experiences to travel enthusiasts in its various properties located at Pench Tiger Reserve, Kanha Tiger Reserve and Rukhad Buffer Zone of Pench Tiger Reserve in Madhya Pradesh and Tadoba Tiger Reserve in Maharashtra.
Jungle Camps India Limited clocked a total revenue of Rs. 18.10 crore and a profit (PAT) of Rs. 3.59 crore in FY24, compared with total revenue of Rs. 11.24 crore and a profit (PAT) of Rs. 45 Lakhs in FY23, registering a healthy growth of 61.03 % in revenues and almost eight-fold rise in profit.
Shedding light on their expansion plans, Mr. Gajendra Singh Rathore, Chairman, Jungle Camps India Limited, said, “With the growing enthusiasm for wildlife hospitality, our facilities in the pristine wilderness of central India have been welcoming an increasing number of passionate environmentally-conscious travelers. 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. We’re exploring funding opportunities through an IPO to broaden our reach and offer even more exceptional options to our guests.”
Founded in 2002, Jungle Camps India Limited is the brainchild of Mr. Gajendra Singh Rathore. The company’s growth journey has been driven by his unwavering commitment to providing an unparalleled hospitality and safari experience in India.
Jungle Camps India specializes in operating resorts in remote locations, with the aim of offering the best experiential stays that the Indian subcontinent’s wildlife and hospitality have to offer.
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