ITC Hotels Reports 53.41% Surge in Profit for Q1FY26

ITC Hotels, a demerged hotel business entity of ITC Ltd, announced a significant increase in profit for the first quarter of the current fiscal year. The company's profit for Q1FY26 stood at Rs 133.71 crore, a 53.41% rise compared to Rs 87.16 crore in the corresponding quarter of the previous fiscal year. The revenue from operations for the quarter also saw a notable growth, reaching Rs 815.54 crore, a 15.54% increase from Rs 705.84 crore in the previous year. The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) also saw a 19% year-on-year growth, reaching Rs 246 crore.

Key Takeaways:

  • ITC Hotels reported a 53.41% surge in profit for Q1FY26, reaching Rs 133.71 crore.
  • The company's revenue from operations for the quarter increased by 15.54% year-on-year, reaching Rs 815.54 crore.
  • ITC Hotels' EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) saw a 19% year-on-year growth, reaching Rs 246 crore.
  • The company aims to expand its portfolio to over 200 hotels and more than 18,000 rooms by 2030.
  • ITC Hotels currently runs 140 properties with a total of 13,000 rooms, of which 45% are owned.
  • The company plans to shift towards a managed model, accounting for 65% of the portfolio by 2030.

Statistics:

  • Q1FY26 profit: Rs 133.71 crore (up 53.41% from Rs 87.16 crore in Q1FY25).
  • Revenue from operations (Q1FY26): Rs 815.54 crore (up 15.54% from Rs 705.84 crore in Q1FY25).
  • EBITDA (Q1FY26): Rs 246 crore (up 19% from Rs 207 crore in Q1FY25).
  • Number of properties: 140 (with 13,000 rooms).
  • Number of owned properties: 45% of total properties.

Sources:

  • ITC Hotels earns at Rs 133.71 crore: link to original article.
  • ITC Ltd annual report FY25.
  • Company's official press release.