IHCL proposes dividend as profits surge in FY2025

Indian Hotels Company Limited (IHCL) announced its financial results for the fiscal year 2024-2025, marking twelve consecutive quarters of record performance. The Board of Directors has recommended a dividend of ₹2.25 per share, subject to shareholder approval. The company also noted strong overall performance with enterprise revenue reaching INR14,836 crores, which was 1.6x of its consolidated revenue. This success was attributed to a 40% increase in its New Businesses vertical, which includes Ginger, Qmin, amã Stays & Trails, and Tree of Life. IHCL has set a benchmark, signing 74 new hotels. IHCL continues to focus on customer experience and operational excellence, with plans to invest over INR1,200 crores in asset management and digital capabilities. The company is poised for continued growth, supported by domestic and international bookings with revenue for the year at INR8,565 crores and a profit after tax of INR1,413 crores.