ITC Hotels' share price was up 0.22% at 2:50 PM on Thursday and was trading at ₹202.39. This was after the company reported strong results for the January-March 2025 quarter. The company posted a net profit of ₹259 crore, marking a 20.5% rise compared to the same quarter last year.
The total revenue for the quarter stood at ₹1,061 crore, showing a growth of 4.5% from ₹1,015 crore in the year-ago period. Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) rose by 8.4% year-on-year to ₹413 crore. The EBITDA margin also improved by 140 basis points, reaching 38.9% compared to 37.5% last year. These results show continued financial strength after the company’s demerger from its parent group, ITC Ltd.
ITC Hotels has also approved a capital expenditure (capex) of ₹328 crore for building a new hotel in Visakhapatnam, Andhra Pradesh. The upcoming property will have nearly 200 rooms and is expected to be completed by 2029.
ITC Hotels was demerged from ITC Ltd as a separate hospitality business in March 2024. Currently, ITC Hotels manages two hotels in Visakhapatnam under management contracts. The new project will be funded using internal company funds, the firm said in an official stock exchange filing.
ITC Hotels is on a path of rapid expansion. The company currently runs 140 hotels with about 13,000 rooms, out of which 45% are owned properties. By 2030, the company aims to grow its portfolio to over 200 hotels and more than 18,000 rooms. It also plans to shift more focus toward managed hotels, aiming for 65% of its portfolio to be under management contracts.
ITC Hotels has shown strong financial performance and is taking bold steps towards future growth. With rising profits, increasing margins, and new projects in the pipeline, the company is well-positioned to expand its presence in India’s hospitality industry.
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Published on: May 15, 2025, 3:02 PM IST
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