ITC Hotels Limited — Board Meeting, 15-05-2025: Outcome of Board Meeting

ITC Hotels has announced a board meeting on key approvals. The board approved the consolidated financial results for the quarter and year, with revenues at ₹3,560 Cr and PAT of ₹638 Cr, marking strong growth. The hotels segment delivered ₹3,492 Cr revenue and a profit before tax of ₹884 Cr. A capex of ~₹328 Cr was approved to build a new 200-key hotel in Visakhapatnam, funded through internal accruals. A seasoned Secretarial Auditor was appointed for five years. Operational momentum remains strong with steady cash flow and strategic expansion in focus.