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08-Feb-2024

Dreamfolks Services

Expect revenue growth of 40% in FY24


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Dreamfolks Services conducted conference call on 08 February 2024 to discuss the financial results and performance of the company for the quarter ended December 2024. Ms. Liberatha Kallat – Chairperson & Managing Director, Ms. Giya Diwaan – Chief Financial Officer, Mr. Balaji Srinivasan - Chief Technical Officer and Executive Director and Mr. Sandeep Sonawane – Chief Business Officer of the company addressed the call

Highlights of the Concall

  • The Indian travel industry is one of the largest and fastest-growing industries in the country.

  • In Q3FY24, the air passenger traffic in India grew by 9% YoY to 39 million passengers, as per DGCA data. For 9MFY23 passenger traffic saw a growth of 16%.

  • The government has also intensified its efforts towards infrastructural development, and the key airports across the country are undergoing significant transformation projects to enhance the travel experience of passengers. The lounge industry al...



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