Jungle Camps India firms up IPO plan

New Delhi: Jungle Camps India Ltd, which provides wildlife and conservation-focused lodges to guests, on Wednesday announced plans to achieve Rs100 crore in revenue by FY28 from Rs 18 crore in FY24.

In line with its growth strategy, the Delhi-headquartered company has set its sights on an Initial Public Offering (IPO) to fund its expansion plans. Jungle Camps India clocked a total revenue of Rs 18.10 crore and a profit after tax (PAT) of Rs 3.59 crore in FY24, compared with total revenue of Rs 11.24 crore and PAT of Rs 45 lakh in FY23, registering a healthy growth of 61 per cent in revenues and a five-fold jump in profit.