ITC Hotels Achieves Record Revenue of INR 3,333 Crore for FY25

Impressive Financial Performance

ITC Hotels has achieved a remarkable financial milestone for the fiscal year ending March 31, 2025, reporting a record revenue of INR 3,333 crore and a profit after tax (PAT) of INR 698 crore. This impressive growth showcases the brand’s strong market position and ability to generate substantial earnings within the competitive hospitality landscape.

Quarterly Highlights

The company’s performance in the fourth quarter (Q4) was particularly noteworthy, with revenue increasing by 17 percent to INR 1,017 crore. The EBITDA margins reached an impressive 40 percent, marking a significant improvement and demonstrating operational efficiency. The profit after tax for Q4 surged by 44 percent to INR 264 crore, reflecting the brand’s growth strategies coming to fruition.

Expansion and Growth

As part of its strategy for expansion, ITC Hotels has signed contracts for 54 new projects and successfully opened 30 hotels over the past two years. This growth reflects the brand’s emphasis on diversifying its offerings across various segments, including luxury, upscale, boutique, mid-market, and heritage hospitality, catering to a wider audience and enhancing its market share.

Demerger and Strategic Focus

Effective January 1, 2025, ITC Hotels was demerged from ITC Ltd., allowing for a sharper focus on the hospitality sector. This strategic move culminated in the listing of its shares on the National Stock Exchange (NSE) and BSE on January 29, 2025. The demerger enables ITC Hotels to enhance its growth trajectory while maintaining an emphasis on customer service and operational excellence.

Sustainability Initiatives

Sustainability is a core component of ITC Hotels’ strategy, leading to its recognition as the first Indian hotel group to receive the USGBC Leadership Award for Organizational Excellence 2024. The brand leads in global sustainability benchmarks, boasting the highest number of LEED Platinum-certified hotels worldwide, with 23 properties holding this distinction. Furthermore, 12 hotels are certified as LEED Zero Carbon, and 8 have achieved LEED Zero Water status, showcasing the brand’s commitment to environmentally responsible luxury.

Statements from Leadership

A company spokesperson remarked on the financial achievements, stating, “Our strong results reflect our commitment to operational excellence, sustainability, and customer satisfaction. We intend to continue expanding our footprint through a balanced strategy of owned, managed, and franchised properties.” This sentiment illustrates the focus on maintaining quality while growing the brand’s impact in the hospitality sector.

Future Expansion Plans

Looking ahead, ITC Hotels plans to vigorously pursue expansion with a robust pipeline of 50 hotels, targeting a total portfolio of 220 properties and over 20,000 rooms by 2030. This growth initiative aims at elevating the guest experience through ongoing investments in technological advancements, enhancing sustainability efforts, and improving overall customer experience.

Impact on the Travel and Transfer Sector

This flourishing performance of ITC Hotels is expected to have significant implications for the broader travel and transfer industry. As hospitality matures, the demand for reliable taxi and transfer services to and from hotels will likely surge. Guests expect seamless transportation solutions that are both affordable and efficient.

Conclusión

In summary, ITC Hotels’ impressive financial results not only demonstrate its strong market position but also underline the inherent connectivity between the hospitality and taxi sectors. As travelers seek convenient and reliable transport, platforms like LocalsRide.com offer a solution, providing personalized transfers that allow customers to choose their specific vehicle, access detailed information like make, model, and ratings beforehand, which is a refreshing change from traditional booking methods. With the ongoing growth in the hospitality sector, the demand for effective transportation solutions will undoubtedly escalate.

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