We see strong cross-sell potential within our existing client base, and the broader opportunities in the expense management space remain significant, both in India and select international markets.
May 30, 2025 / CEO / receipt, needs a key / Dhruv Stringy, CEO | earnings call 2025-05-30 | transcript 3508443d-bc95-4291-8e26-70c394a5b0d5 | chars 6584-6781 | segment 6
For FY26, we are introducing preliminary guidance of 20% growth in revenue-less service costs or gross margin and 30% adjusted EBITDA growth driven by three pillars, expansion in corporate travel, continued scaling of mice and hotels, and full cost synergies from globe travel.
May 30, 2025 / CEO / receipt, needs a key / Dhruv Stringy, CEO | earnings call 2025-05-30 | transcript 3508443d-bc95-4291-8e26-70c394a5b0d5 | chars 12671-12948 | segment 12
With the positive macro backdrop and given the ongoing recovery in corporate and leisure travel and the rise in discretionary spending and now a significantly bolstered balance sheet, we believe we are well poised for the strong FY24 and FY25.
Feb 14, 2024 / CEO / receipt, needs a key / Dhruv Stringy, CEO | earnings call 2024-02-14 | transcript 1adea745-0ab8-43e3-acc7-bbaf66f0c3c0 | chars 7334-7577 | segment 7
In the air travel sector, our strong brand recognition and successful strategies in capturing market share has enabled us to grow both our domestic and international air business.
Feb 14, 2024 / CEO / receipt, needs a key / Dhruv Stringy, CEO | earnings call 2024-02-14 | transcript 1adea745-0ab8-43e3-acc7-bbaf66f0c3c0 | chars 2009-2188 | segment 2
This integrated travel solution extends to Aramco's subsidiaries in key Asian and oceanic markets including India, Japan, Korea, Singapore, and Australia.
Feb 14, 2024 / CEO / receipt, needs a key / Dhruv Stringy, CEO | earnings call 2024-02-14 | transcript 1adea745-0ab8-43e3-acc7-bbaf66f0c3c0 | chars 2933-3087 | segment 3
Travel, as you know, tends to be closely linked to growth in GDP, and over the past decade in the developing economies, you've seen travel growing closer to 1.5 to 2x of GDP growth.
Feb 14, 2024 / CEO / receipt, needs a key / Dhruv Stringy, CEO | earnings call 2024-02-14 | transcript 1adea745-0ab8-43e3-acc7-bbaf66f0c3c0 | chars 3985-4166 | segment 4
Religious travel is one of the biggest segments of tourism in India. Several popular religious centers attract annual tourists in the range of 10 million to 30 million, despite the existing infrastructural bottlenecks.
Feb 14, 2024 / CEO / receipt, needs a key / Dhruv Stringy, CEO | earnings call 2024-02-14 | transcript 1adea745-0ab8-43e3-acc7-bbaf66f0c3c0 | chars 4510-4728 | segment 4
As for the report, tourism in India contributed USD 194 billion to FY19 GDP and is expected to grow at an 8% CAGR to USD 443 billion by FY33. Tourism to GDP ratio in India sits at 6.8% of GDP, well below most of the large economies. For example, in comparison, China is at 11.6% of GDP. This points to significant headroom for growth in the Indian travel market.
Feb 14, 2024 / CEO / receipt, needs a key / Dhruv Stringy, CEO | earnings call 2024-02-14 | transcript 1adea745-0ab8-43e3-acc7-bbaf66f0c3c0 | chars 5136-5498 | segment 5
The increase in revenue is attributable to a recovery in domestic travel with a higher number of holiday packages sold as a result.
Feb 14, 2024 / CEO / receipt, needs a key / Dhruv Stringy, CEO | earnings call 2024-02-14 | transcript 1adea745-0ab8-43e3-acc7-bbaf66f0c3c0 | chars 6763-6894 | segment 6