Apeejay Surrendra Park Hotels Limited (ASPHL) announced its financial results for Q4 and FY2025. In FY25, the company recorded a net profit of INR 84 crores, up 22% YoY. EBITDA stood at INR 226 crores, up 10% YoY. The net profit for Q4 stood at INR 27 crores, up 44% YoY. ASPHL also achieved industry-leading occupancy of 92% during Q4 FY25.
In Q4 FY25, ASPHL reported revenue from operations of ₹177 crores, reflecting a ~16% year-on-year increase. The quarter’s operating EBITDA stood at ₹61 crores, up 21% YoY, while profit before tax (PBT) rose to ₹39 crores, showing a strong growth of ~49% YoY. With a solid financial performance and operational excellence, the company also announced its first-ever dividend of ₹0.5 per equity share for the financial year ended March 31, 2025.
The company has announced its first-ever dividend of ₹0.5 per share for the financial year ended March 31, 2025.
Strategic Expansion and Growth
ASPHL’s robust performance is attributed to continued growth in additional markets, particularly in Tier 2 and Tier 3 regions. With the recent acquisition of Zillion Hotels and Resorts and the inauguration of Zone Connect by The Park, Jaisalmer, the group is revolutionizing the hospitality experience in the country. The group is on track to more than double its key count to 5,403 over the next five years, including 1,011 keys under owned development.
Leadership Commentary
Commenting on the Q4 and FY25 performance, Vijay Dewan, Managing Director, Apeejay Surrendra Park Hotels, said: “2024–25 has been a standout year for the company in terms of growth, progress, and success, made possible by the commitment and dedication of our teams. Quarter 4 has been the best ever, with topline growth of 16% and EBITDA growth of 21%. THE Park Hotels achieved India’s highest occupancy of 92% and maintained its leadership in RevPAR in the upper upscale segment. Flurys’ business during the period grew by 37%. We are thrilled to announce our first-ever dividend of 50%. This is a milestone event in the history of the company and is a reflection of our growth momentum and commitment to share our success with those who believe in us.”
