ITC Hotels Limited — Others, 15-05-2025: Change in Auditors

ITC Hotels has announced a board meeting on the approval of audited standalone and consolidated financial results for the quarter and twelve months ended March 31, 2025, with unmodified audit opinions. The company will hold its 2nd Annual General Meeting via video conferencing. It appointed Messrs. S. N. Ananthasubramanian & Co. as Secretarial Auditors for five years starting 2025-26. A capital spend of ~₹328 Cr is approved for a new ~200-key hotel in Visakhapatnam, expected by 2029 to support expansion. Consolidated revenue stood at ~₹3,560 Cr with net profit of ~₹638 Cr and basic EPS of ₹3.05. The hotels segment is the main driver, with real estate and others contributing marginally.