Apeejay Surrendra Park Hotels Limited (ASPHL) has announced its financial results for Q4 and the full fiscal year FY2025, reporting strong performance across key metrics.
For FY25, the company posted a net profit of ₹84 crore, marking a 21% year-on-year increase. EBITDA rose 10% YoY to ₹226 crore. In Q4 alone, ASPHL registered a net profit of ₹72 crore, a significant 44% rise compared to the same period last year. The company also achieved an industry-leading occupancy rate of 92% during Q4 FY25. Notably, ASPHL declared its first-ever dividend of ₹0.5 per share for the financial year ending March 31, 2025.
The company has fueled its impressive growth by strategically expanding into emerging Tier 2 and Tier 3 markets. Furthermore, recent initiatives—such as the acquisition of Zillion Hotels and Resorts and the launch of Zone Connect by The Park in Jaisalmer—are actively redefining the hospitality experience in India. These developments, in turn, align seamlessly with ASPHL’s vision to strengthen its footprint and broaden its portfolio of upscale and upper mid-scale properties.
Looking ahead, the group aims to more than double its key count to 5,048 over the next five years; The company will notably develop 830 of these keys under its owned projects.
Commenting on the Q4 & 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 and progress. This success was made possible by the commitment and dedication of our teams. Quarter 4 has been our best ever performance, with topline growth of 16 percent and EBITDA growth of 22 percent. THE Park Hotels achieved India’s highest occupancy of 92 percent and maintained its leadership in RevPAR in the upper upscale segment. Flurys also continued its robust trajectory with a 34% growth during the same period.”
“We are also thrilled to announce our first-ever dividend of 50 percent. 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,” he added.
Apeejay Surrendra Park Hotels Limited’s strong financial performance in FY25—highlighted by significant profit growth, high occupancy rates, and strategic expansion—clearly underscores its robust position in India’s hospitality sector.
