Moustache Group revenue rises 97% in Q1 FY27, targets 80 new properties by 2030
The hospitality operator reported Q1 FY27 revenue of ₹18.34 crore, up from ₹9.3 crore a year earlier. Moustache added properties in Rishikesh and Lonavala during the quarter and is pursuing an asset-light expansion across India, including southern markets.
Moustache Group nearly doubled Q1 FY27 revenue to Rs 18.34 crore, aided by occupancy and Select hotel demand. The 37-property operator added Rishikesh and Lonavala sites and plans an asset-light rollout of 80 new properties by 2030, including southern India.
Why this matters
No prior related signals are available. Q1 additions in Rishikesh and Lonavala support Moustache Group’s asset-light expansion plan, including entry into southern Indian markets.
Retail-company signals are accelerating, up 253740% QoQ.