ITC Hotels Ltd. announces its standalone financial results for the quarter and year ended March 31, 2025, achieving its best-ever performance since inception. The company reported a 17% year-on-year growth in revenue in Q4 FY25 at ₹1,017 crore, while Profit After Tax (PAT) rose by a remarkable 44% to ₹264 crore. EBITDA margins expanded by 350 basis points to an impressive 40%. For the full fiscal year, the company clocked a revenue of ₹3,333 crore and PAT of ₹698 crore, with EBITDA margins at 36%.
This exceptional performance comes on the heels of a transformative year for the company, marked by the successful demerger of its hotel business from ITC Limited. The demerger became effective on January 1, 2025, and the company’s equity shares were listed on both the National Stock Exchange (NSE) and BSE on January 29, 2025. In the past 24 months, ITC Hotels has signed 54 new properties and opened 30 hotels, strengthening its position as one of India’s fastest-growing hospitality chains. With a pipeline of over 50 hotels comprising more than 4,500 keys, the company is targeting 220 operational hotels and over 20,000 keys by 2030.
ITC Hotels continues to lead the way in sustainable luxury, becoming the first Indian hotel chain to receive the USGBC Leadership Award for Organizational Excellence in 2024. The company now boasts the largest number of LEED® Platinum certified hotels in the world, with 23 properties holding the distinction. Additionally, 12 ITC hotels are LEED® Zero Carbon certified—the first of their kind globally—and 8 are certified LEED® Zero Water. The company has consistently outperformed its 2030 and 2050 emission targets aligned with COP21, further cementing its reputation as a global sustainability leader in hospitality.
Operational excellence remained at the forefront of ITC Hotels’ strategy. Average Daily Rates (ADRs) stood at approximately ₹12,500 with 73% occupancy for the full year, while Q4 ADRs surged to ₹15,000 with occupancy reaching 79%. Room revenues were bolstered by strong performance across retail, corporate, weddings, and airline crew segments. Food and beverage revenue also saw robust growth, driven by refreshed F&B outlets and strong demand in banqueting and event catering.
The company’s asset-light growth model has been instrumental in scaling its footprint, particularly in Tier 2 and Tier 3 cities. By leveraging management and franchise contracts, ITC Hotels has effectively expanded its portfolio while maintaining capital efficiency. Its portfolio now includes six brands—ITC Hotels, Mementos, Welcomhotel, Storii, Fortune, and WelcomHeritage—catering to a wide spectrum of luxury, lifestyle, boutique, and heritage experiences.
Internationally, the company marked a major milestone with the launch of ITC Ratnadipa in Colombo, Sri Lanka, in April 2024. This luxurious property has already turned EBITDA positive and is poised to redefine luxury hospitality in the region. Additionally, the company is making strategic investments in greenfield and brownfield projects in Puri, Bhubaneswar, and Visakhapatnam to expand its owned hotel portfolio.
ITC Hotels continues to invest in digital transformation to enhance guest experience and operational efficiency. Its comprehensive ITC Hotels App offers room and table reservations, food delivery, entertainment controls, loyalty benefits, and exclusive offers, strengthening direct customer engagement and revenue generation.
With India’s economy remaining resilient and the hospitality sector poised for continued growth, ITC Hotels Ltd. is strategically positioned to scale new heights. The company’s strong financial foundation, sustainability leadership, and guest-centric innovations are set to drive long-term value for stakeholders and further its vision of responsible luxury.
