Travel Food Services Limited CC-Nov25.pdf · 2025-11-13
Hi, team. Thanks for the opportunity and congratulations on a good set of results. My first question is on the new outlets you got in Delhi Terminal 2. So, they are on the concession model, but we also have a JV with GMR. So, just was wondering, how come those have come under the concession model for us?
Okay. Got it. My second question is on the gap between the LFL growth and the passenger traffic growth. So, we saw in this quarter, the gap was almost close to 10%. So, could you give us some kind of breakup , in terms of how much is coming from an increase in penetration , in terms of people spending more on F&B and lounges in an airport , and also due to premiumization? And how do you see this trend going forward , of LFL being higher than the traffic growth?