Apeejay Surrendra Park Hotels Ltd

Apeejay Surrendra Park Hotels announced that the Board of Directors of the Company at its meeting held on 26 May 2025, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Apeejay Surrendra Park Hotels rose 43.96% to Rs 26.56 crore in the quarter ended March 2025 as against Rs 18.45 crore during the previous quarter ended March 2024. Sales rose 16.33% to Rs 177.32 crore in the quarter ended March 2025 as against Rs 152.43 crore during the previous quarter ended March 2024. For the full year,net profit rose 21.51% to Rs 83.59 crore in the year ended March 2025 as against Rs 68.79 crore during the previous year ended March 2024. Sales rose 9.06% to Rs 631.45 crore in the year ended March 2025 as against Rs 578.97 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales177.32152.43 16 631.45578.97 9 OPM %34.4433.04 -32.3933.25 - PBDT58.9538.91 52 209.88139.20 51 PBT39.1726.34 49 148.1188.66 67 NP26.5618.45 44 83.5968.79 22 Powered by Capital Market - Live

Apeejay Surrendra Park Hotels will hold a meeting of the Board of Directors of the Company on 26 May 2025.Powered by Capital Market - Live

Apeejay Surrendra Park Hotels has received the credit rating ICRA A+; Stable/ ICRA A1 for debt facilities aggregating Rs 210 crore. Powered by Capital Market - Live

The existing shareholders of Zillion Hotels are Handa Family and Nair Family. Zillion Hotels and Resorts is in the business of owning and operating the Z Luxury Residences, including 62 service residences and food & beverage facilities located at 29/1 J R Mhatre Road opp Iris Park Juhu, Mumbai, Maharashtra, India, 400049. The said stake has been acquired for a cash consideration of Rs 209.25 crore. Consequent to the aforesaid acquisition, Zillion Hotels and Resorts will become a subsidiary of the company,' Apeejay Surrendra Park Hotels said in a statement. Apeejay Surrendra Park Hotels (ASPHL) is a part of the diversified Apeejay Surrendra Group, based in Kolkata. The company has seven owned luxury boutique hotels, located across Bangalore, Chennai, Hyderabad, Kolkata, Navi Mumbai, New Delhi and Vizag. The company has four leased hotels with 244 rooms and has management contracts for 22 operational properties in various locations with a total inventory of 1,050 rooms. It also runs a chain of bakery and confectionary items, named Flury's, through 82 outlets as of May 2024. Powered by Capital Market - Live

Apeejay Surrendra Park Hotels has entered into binding Memorandum of Understanding today for acquisition of 90% stake of Zillion Hotels and Resorts from its existing shareholders (namely Handa Family Shareholders and Nair Family Shareholders). Consequent to the aforesaid acquisition, Zillion Hotels and Resorts will become a subsidiary of the Company. Zillion Hotels and Resorts is in the business of owning and operating the Z Luxury Residences, including 62 service residences and food & beverage facilities located at 29/1 J R Mhatre Road Opp Iris Park Juhu, Mumbai, Maharashtra, India, 400049. Powered by Capital Market - Live

Apeejay Surrendra Park Hotels announced the launch of Zone Connect by The Park, Jaisalmer, a contemporary retreat that celebrates the rich cultural heritage of the Golden City while offering every modern comfort for the price-conscious, design-conscious traveller. Strategically located just 2.7 km from Jaisalmer Railway Station and 13 km from the city Airport, the hotel is nestled in the tranquil locale of Shilpgram, far from the city noise yet minutes from iconic landmarks such as the Jaisalmer Fort, Kothari's Patwaon-Ki-Haveli, Gadisar Lake, Jaisalmer War Museum, Thar Desert, and the Desert National Park. The hotel features 39 elegantly designed rooms across three categories, each blending traditional Rajasthani craftsmanship with modern aesthetics. Guests can indulge their taste buds at Caf' C, the hotel's all-day dining restaurant, which serves up a curated menu of local and international favourites. Powered by Capital Market - Live

Net profit of Apeejay Surrendra Park Hotels rose 17.29% to Rs 32.16 crore in the quarter ended December 2024 as against Rs 27.42 crore during the previous quarter ended December 2023. Sales rose 11.71% to Rs 177.49 crore in the quarter ended December 2024 as against Rs 158.88 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales177.49158.88 12 OPM %35.6835.18 - PBDT59.9342.77 40 PBT45.3828.69 58 NP32.1627.42 17 Powered by Capital Market - Live

Apeejay Surrendra Park Hotels will hold a meeting of the Board of Directors of the Company on 8 February 2025.Powered by Capital Market - Live

Apeejay Surrendra Park Hotels announced the soft opening of 'Zone Connect by The Park' in Prayagraj, Uttar Pradesh. This 40-room hotel, situated in the heart of Kumbh City, opens at an opportune time, coinciding with the beginning of the auspicious Maha Kumbh 2025. The hotel will offer an array of thoughtfully designed facilities and amenities to cater to diverse guest requirements. These include an all-day dining vegetarian restaurant, Cafe' C, a banquet space known as Townhall with a capacity to accommodate up to 100 guests, and a meeting room called Grey Zone designed for up to 30 guests. Additionally, the property features the Vitalia Spa & Fitness Centre, providing an ideal space for relaxation and rejuvenation. With this addition, 'The Park' and the 'Zone by The Park' portfolio now includes 35 operational hotels, with a total inventory of 2450 keys. Powered by Capital Market - Live