ITC Hotels Posts 40.78% Profit Growth in Q4, Approves ₹328 Crore Visakhapatnam Hotel Project
The company reports strong financial performance in its second post-demerger quarter and advances its 2030 expansion strategy with a new 200-key property.
Overview
- ITC Hotels reported a Q4 FY25 consolidated profit of ₹256.90 crore, a 40.78% increase year-on-year.
- Revenue from operations rose 16.90% to ₹1,060.62 crore, driven by higher occupancy and RevPAR growth.
- The board approved a ₹328 crore capital expenditure for a 200-key hotel in Visakhapatnam, slated for completion by 2029.
- The new project aligns with ITC Hotels' goal of expanding its portfolio to over 200 properties with 18,000+ keys by 2030.
- This marks ITC Hotels' second earnings announcement since its demerger and listing in January 2025, highlighting continued financial and operational momentum.