Q2FY26 marking a pivotal phase of strategic transition for DreamFolks

Q2FY26 Revenue at Rs. 2,055 million with a year-on-year margin expansion Global lounge paxes double in Q2FY26 vs Q1FY26

Mumbai : Dreamfolks Services Limited (herein referred to as “DreamFolks”), India’s largest travel and lifestyle experiences company, today announced the financial results for Q2FY26 ended 30th September 2025.

Ms. Liberatha Kallat, Chairperson and Managing Director, commented on the performance: “This quarter marked a phase of strategic transformation and realignment for DreamFolks, as we adapted to evolving industry dynamics with forward-looking decisions. While these actions may reflect temporarily in our numbers, they have strengthened our foundation. We are now firmly positioned for the next phase of diversified, resilient, and consumer-centric growth. In Q2FY26, the company recorded revenue of ₹2055 millions, Gross Profit stood at ₹ 292 millions, with a margin of 14.2%, EBITDA came in at ₹ 161 millions, with margin of 7.8% and delivered a PAT ₹ 112 millions at a margin of 5.5%; expanding on all margin levels versus last year.

I’m delighted to announce our recent acquisition of Ten11 Hospitality LLP, which marks a significant milestone in DreamFolks’ growth journey. Ten11 Hospitality has presence at key railway lounge locations such as Chennai, Mumbai, and Vadodara — with Chennai already operational and the other two set to commence soon. Through the acquisition, by vertically integrating lounge operations, we strengthen our partnerships across the value chain, enhance service reliability, and mitigate the business risks associated with third-party dependencies, while laying the groundwork for rapid expansion into additional high-traffic railway hubs across the country.

Our non-lounge services like Access to members-only Social Clubs, Golf, Coffee at Malls, Airport Transfers, Meet & Assist, and Beauty & Grooming, etc. are also seeing great traction. On the global lounge side, Dreamfolks now has 900+ touchpoints, covering majority of Southeast Asia and Middle East market. I am pleased to share that the monthly global lounge paxes have already doubled in comparison with Q1FY26 and are expected to grow manifold in the coming quarters.

DreamFolks’ strategy aligns with India’s rapidly evolving travel ecosystem, driven by railway modernization, highway expansion, and rising global travel aspirations. These shifts are fueling demand for premium lounge and lifestyle services across multiple transit touchpoints.

Looking forward, DreamFolks remains focused on the four-pillar strategy: Global Expansion, Client Diversification, Premium Lifestyle Services Addition and Technological Transformation, the company is well-placed to drive sustainable growth and enhance long-term stakeholder value.”

Key Financial Highlights (Consolidated):

Particulars (Rs. Million)Q2FY26Q2FY25H1FY26H1FY25Growth (YoY)FY25
Revenue from Operations2,0553,1695,5456,377(13.0) %12,919
Gross Profit292392757768(1.3) %1,501
EBITDA161238456483(5.6) %973
Profit After Tax112160325332(2.1) %651