ITC Hotels Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 11, 2025
ITCHOTELS · price
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ITC Hotels Limited has submitted its Annual Report for FY2024-25 and the notice convening its 2nd Annual General Meeting scheduled for August 11, 2025. This is the company's first full-year annual report as a standalone listed entity, having been separately listed on NSE and BSE on January 29, 2025. Key standalone financials include Total Income of ₹3,333 Cr, Revenue from Operations of ₹3,279 Cr, EBITDA of ₹1,189 Cr (36% margin), Profit Before Tax of ₹934 Cr, and Profit After Tax of ₹698 Cr. The company operated 140+ hotels across 90+ destinations with 13,300+ keys, signed 54 new hotels and opened 30 in the past 24 months. The board has outlined a 2030 target of 220 hotels and 20,000+ keys using an asset-right growth strategy focused on management contracts and franchising.
This is a routine regulatory filing, but it provides shareholders with their first detailed view of ITC Hotels' standalone annual performance. The strong 36% EBITDA margin and clear expansion roadmap through 2030 are positives, though investors will watch the AGM for any dividend announcements or strategic updates.