Dreamfolks Services reported Q1 FY27 revenue of 39 Cr, significantly down from 348.9 Cr in Q1 FY26. It saw a gross loss of 0.9 Cr, adjusted EBITDA of negative 16.4 Cr, and PAT of negative 13.8 Cr.

Profitability was impacted by lower revenue, operating costs, and upfront payments for global lounge expansion, exacerbated by reduced international traffic from geopolitical conflict.

Cash & equivalents increased to 193.3 Cr.

Management is diversifying into a travel & lifestyle benefit platform, with non-airport services now contributing 33% of revenue.

They expect to reach breakeven by FY28, focusing on global expansion and new services like railway lounges and DF Club memberships.