Investor Presentaiton

Continued spend optimization driving operating leverage (2/2) 17% Total expenditure Note: All numbers include fixed lease costs Structural cost reduction continues Q3 2021/22 v/s Q3 2019/20 (Pre-Covid) 15% ייד 23% Total fixed costs Corporate overheads 15 TAJ SELEQTIONS VIVANTA GINGER amã min TAJ sats STAYS & TRAILS qurated quality quisine IHCL

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