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Apeejay Surrendra Park Hotels LimitedBoard Meeting, 27-05-2025: Outcome of Board Meeting

27-05-2025 | 12:12 am

Apeejay Surrendra Park Hotels has announced a board meeting approving the consolidated financial results for the quarter and half-year ended March 31, 2025. Revenue grew to Rs. 631.45 Cr from Rs. 578.97 Cr year-on-year, while profit after tax rose to Rs. 83.60 Cr versus Rs. 68.77 Cr. EBITDA improved to Rs. 226.42 Cr, reflecting stronger operations. A final dividend of Re. 0.50 per share was approved, pending shareholder nod. The company is advancing its EM Bypass property development and recorded Rs. 8.75 Cr insurance income related to past disruptions. Employee stock option expenses stood at Rs. 3.64 Cr for FY25.

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