Travel Food Services Limited CC-Nov25.pdf · 2025-11-13
Hi team. Congratulations on good set of numbers. So, my first question is regarding the difference between the LFL growth rate of consol and system -wide. There is a difference between the two. So, is it primarily because the JV portfolio has expanded into newer airports over the last few years and it's still in the ramp -up phase, therefore giving better LFL? And if so, as these JV assets mature, should we expect their LFL growth to converge with the consolidated LFL growth rate?
So, you mean that this consolidated LFL should gradually now improve from here on, being not affected in future related to specific Delhi 1?