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, 17 November 2025 – 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 monthlyglobal 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) | Q2FY26 | Q2FY25 | H1FY26 | H1FY25 | Growth (YoY) | FY25 |
| Revenue from Operations | 2,055 | 3,169 | 5,545 | 6,377 | (13.0) % | 12,919 |
| Gross Profit | 292 | 392 | 757 | 768 | (1.3) % | 1,501 |
| EBITDA | 161 | 238 | 456 | 483 | (5.6) % | 973 |
| Profit After Tax | 112 | 160 | 325 | 332 | (2.1) % | 651 |
About Dreamfolks Services Limited
DreamFolks is India’s leading travel and lifestyle experiences company, providing access to services like Members’ only Social Clubs, Global Airport Lounges, Railway Lounges, Golf Lessons and Games, Meet & Assist, Airport Transfers, Spa & Wellness, F&B, Travel SIM, Beauty and Grooming, Highway Dining, etc. DreamFolks provides these services using its in-house proprietary technology platform that allows its clients such as Banks, Card Networks, Airlines, OTAs, and Enterprises to create custom offerings for their end consumers. The company was listed in September 2022 on both BSE and NSE and has a global footprint extending to 3000+ touchpoints in 100+ countries.
For more details, please visit: https://www.dreamfolks.com/
Disclaimer:
Certain statements in this document that are not historical facts, are forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political, or economic developments, industry risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. Dreamfolks Services Limited will not be responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.
