Outcome of Board Meeting dated 23-04-2025.
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Awaiting price reaction for this filing.
The Board of Gujarat Hotels Ltd approved audited financial results for Q4 and FY ended March 31, 2025. Revenue from operations rose to ₹410.37 lakhs (vs ₹349.02 lakhs last year), with total income at ₹744.75 lakhs. Profit after tax stood at ₹529.87 lakhs (vs ₹472.24 lakhs), giving EPS of ₹13.99. Statutory auditors K C Mehta & Co LLP issued an unmodified (clean) opinion on the results. The Board also recommended a final dividend of ₹3 per equity share of ₹10 face value, subject to shareholder approval. Importantly, this is the first full-year results filing following the demerger scheme that became effective January 1, 2025, under which the Hotels Business and related investments were transferred to ITC Hotels Limited — making Gujarat Hotels an associate of ITC Hotels from that date.
The clean audit, dividend declaration, and profit growth are positives for shareholders, but the demerger has fundamentally reshaped the company — its core hotel business now sits with ITC Hotels Limited. This structural change is likely to materially alter future earnings, asset base, and the stock's investment profile going forward.