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ITC Hotels Q2 2025 Results, Board Approves Stock Appreciation Rights

ITC Hotels has announced its unaudited financial results for Q2 2025, with the board approving a limit for equity-settled stock appreciation rights. Revenue from operations stood at ₹839.48 Crores. The board also approved the elevation of Mr. Sudhir Gupta as Vice President – Procurement. An employee stock appreciation rights scheme, capped at 2% of issued capital, has been recommended.

Financial Highlights

ITC Hotels announced its unaudited standalone financial results for the quarter and six months ended September 30, 2025. Key highlights include:

Elevation of Senior Management

The board approved the elevation of Mr. Sudhir Gupta to the position of Vice President – Procurement, effective immediately. Mr. Gupta has over thirty years of experience across the textiles, lifestyle retail, and hospitality sectors.

Stock Appreciation Rights Scheme

The board recommended for member approval a limit of 2% of the issued and paid-up share capital for a new Employee Stock Appreciation Rights Scheme. This scheme will allow the company to issue shares to employees over time.

Segment Performance

For the quarter ended September 30, 2025, the hotels segment contributed revenue of ₹822.80 crores, the real estate segment contributed ₹10.68 crores, and other segments contributed ₹0.00 crores.

Source: BSE

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