Sterling crosses Rs 5 billion revenue milestone in FY25

26 May 2025 CW Team

Sterling Holiday Resorts reported total revenue of Rs 5.202 billion in FY25, marking its first time crossing the Rs 5 billion milestone. The company posted a 13 per cent Y-o-Y growth while maintaining a 34 per cent EBITDA margin and remaining 100 per cent debt-free for the year.

Sterling now operates 61 resorts with 3,254 rooms across 53 destinations in India. In Q4 FY25, it added new resorts in Jaisalmer, Tipeshwar, and Amritsar. Its network spans 17 Indian states, with strong regional clusters and a diverse thematic portfolio including wildlife, Himalayas, and spiritual circuits.

Food and beverage revenue also crossed Rs 1 billion, driven by upgraded F&B offerings, specialty restaurants, and focus on banquet services.

CEO Vikram Lalvani highlighted the company’s continued focus on high-quality experiences and its asset-right expansion strategy.

The year also saw accolades for customer satisfaction—30 resorts won TripAdvisor Traveler’s Choice Awards, with Sterling Kanha recognised as ‘Best of the Best’ for the third consecutive year. Sterling Puri was named Best Family Resort of the Year by CMO Asia.

Under its ESG programme, Sterling Sankalp, the company reported significant strides in energy efficiency, waste management, and water conservation. Sterling Munnar won Gold at the 14th RCI Green Awards, the first resort in the MEA and APAC region to do so.

With robust domestic tourism demand and investments in technology, Sterling expects continued growth ahead.

(Photo – Sterling Borderland Amritsar)

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