Board recommends Final Dividend to the Shareholders.
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Gujarat Hotels Limited's Board has recommended a Final Dividend of ₹3 per equity share (face value ₹10) for the financial year ended 31st March 2025, subject to shareholder approval. The company posted FY25 total income of ₹744.75 lakhs (vs ₹633.21 lakhs in FY24) and net profit of ₹529.87 lakhs (vs ₹472.24 lakhs), with EPS rising to ₹13.99 from ₹12.47. Auditors K C Mehta & Co LLP issued an unmodified opinion on the results. A major corporate restructuring has taken effect from 1st January 2025 — ITC Limited's hotel business has been demerged into ITC Hotels Limited (ITCHL), and Gujarat Hotels has become an associate of ITCHL going forward.
The ₹3 dividend (30% on face value) represents a healthy payout of around 21% of FY25 earnings and signals continued shareholder rewards despite the business transfer to ITC Hotels. Shareholders may view the dividend positively, though the post-demerger structure means future earnings profile will change significantly.