ITC Hotels on Thursday reported a 19.5% growth in its consolidated net profit at Rs 257 crore for Q4FY25, compared to Rs 215 crore in the same quarter last year. Revenue from operations for the March-ended quarter stood at Rs 1,061 crore, up 4.4% year-on-year (YoY) from Rs 1,015 crore in the corresponding period of the previous financial year.
On a sequential basis, profit after tax (PAT) surged 41% from Rs 182 crore reported in Q3FY25. The profits are attributable to the owners of the company.
This is ITC Hotels’ first quarterly earnings announcement since its demerger from ITC.
The earnings were announced during market hours, and shares of ITC Hotels were trading at Rs 202.40 on the NSE, showing a marginal uptick of Rs 0.46 or 0.23% around 2 PM.
More to come…
