{"id":9037,"date":"2026-10-26T15:21:33","date_gmt":"2026-10-26T09:51:33","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=9037"},"modified":"2026-10-26T15:21:33","modified_gmt":"2026-10-26T09:51:33","slug":"itc-hotels-q2-results","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/itc-hotels-q2-results\/","title":{"rendered":"ITC Hotels Q2 Results: Net Profit Jumps 51.4% to \u20b9201 Crore, Revenue Rises 25.6%"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">ITC Hotels Limited reported strong financial performance for the second quarter of FY27, with consolidated net profit increasing 51.4% year-on-year (YoY) to \u20b9201 crore, compared with \u20b9133 crore in the corresponding quarter of the previous financial year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Consolidated revenue rose 25.6% YoY to \u20b91,054 crore from \u20b9839 crore in Q2 FY26. Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 37.3% to \u20b9337 crore, compared with \u20b9246 crore a year earlier.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The EBITDA margin expanded to 32% from 29.3% in the year-ago quarter, reflecting stronger operating performance. Growth in the core hotel business and contributions from recently acquired businesses supported the consolidated results.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">ITC Hotels Q2 Results : Key Financial Highlights<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Consolidated revenue:<\/strong> \u20b91,054 crore, up 25.6% YoY.<\/li>\n\n\n\n<li><strong>Consolidated net profit:<\/strong> \u20b9201 crore, up 51.4% YoY.<\/li>\n\n\n\n<li><strong>EBITDA:<\/strong> \u20b9337 crore, up 37.3% YoY.<\/li>\n\n\n\n<li><strong>EBITDA margin:<\/strong> 32%, compared with 29.3% in Q2 FY26.<\/li>\n\n\n\n<li><strong>Hotel segment revenue:<\/strong> \u20b9966 crore, compared with \u20b9823 crore a year earlier.<\/li>\n\n\n\n<li><strong>Hotel segment profit:<\/strong> \u20b9206 crore, compared with \u20b9141 crore in Q2 FY26.<\/li>\n\n\n\n<li><strong>Standalone revenue:<\/strong> \u20b9885 crore, up 16.3% YoY.<\/li>\n\n\n\n<li><strong>Standalone net profit:<\/strong> \u20b9207 crore, up 36.8% YoY.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Why Did ITC Hotels&#8217; Profit Grow Faster Than Revenue?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">ITC Hotels recorded stronger growth in net profit than in revenue during the September quarter. Consolidated revenue increased 25.6%, while net profit rose 51.4%. EBITDA growth of 37.3% also outpaced revenue growth.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The improvement in operating performance was reflected in the EBITDA margin, which increased by approximately 270 basis points to 32%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company&#8217;s core hotel operations remained the principal contributor to its revenue. At the same time, its expanding portfolio and the contribution of recently acquired businesses supported the consolidated financial performance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, the impact of acquisitions should be considered when comparing the latest consolidated figures with the previous year&#8217;s results.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Hotel Business Remains the Main Revenue Contributor<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">ITC Hotels&#8217; hotel segment generated revenue of \u20b9966 crore in Q2 FY27, compared with \u20b9823 crore in the corresponding quarter last year, representing growth of approximately 17.4%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Hotel segment profit increased to \u20b9206 crore from \u20b9141 crore, an improvement of approximately 46.4%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The segment&#8217;s profit growth outpaced its revenue growth, indicating improved profitability during the quarter. Performance in the coming periods will depend on occupancy levels, room rates, demand for premium hospitality services and operating costs.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Branded Residences and Acquisitions Support Growth<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The branded residences business contributed \u20b971 crore in revenue and \u20b923 crore in segment profit during Q2 FY27. This business did not contribute revenue in the corresponding quarter last year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">ITC Hotels also expanded its portfolio through acquisitions. The company acquired Kerala Luxury Resorts Private Limited, formerly known as Zuri Hotels and Resorts, on 19 May 2026. It also acquired GHK Hospitality &amp; Infrastructures Limited on 1 September 2026.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The consolidated results include the financial performance of these businesses from their respective acquisition dates. Consequently, the reported year-on-year growth rates are not directly comparable with those of a business operating with the same portfolio throughout both periods.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Standalone Performance Also Shows Growth<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Excluding subsidiaries, ITC Hotels reported standalone revenue of \u20b9885 crore in Q2 FY27, up 16.3% from the corresponding quarter last year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Standalone net profit increased 36.8% to \u20b9207 crore.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The standalone figures provide a view of the company&#8217;s performance without the contribution of its subsidiaries. The difference between standalone and consolidated results reflects the additional contribution of the company&#8217;s subsidiaries and consolidation adjustments.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What to Watch Next<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The following factors will be important for tracking ITC Hotels&#8217; performance in the coming quarters:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Occupancy and room rates:<\/strong> Changes in hotel occupancy and average room rates can influence revenue growth.<\/li>\n\n\n\n<li><strong>Operating margins:<\/strong> Whether the company can sustain its 32% consolidated EBITDA margin.<\/li>\n\n\n\n<li><strong>Acquisition integration:<\/strong> The contribution and operating performance of recently acquired hotel businesses.<\/li>\n\n\n\n<li><strong>Hotel segment profitability:<\/strong> Whether segment profit continues to grow faster than revenue.<\/li>\n\n\n\n<li><strong>Branded residences:<\/strong> Further contribution from the branded residences business.<\/li>\n\n\n\n<li><strong>Hospitality demand:<\/strong> Demand across luxury, premium and mid-market hotel segments.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Conclusion<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">ITC Hotels delivered strong Q2 FY27 financial results, with consolidated net profit rising 51.4% to \u20b9201 crore and revenue increasing 25.6% to \u20b91,054 crore. EBITDA grew 37.3%, while the EBITDA margin expanded to 32%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The core hotel business recorded higher revenue and segment profit, while branded residences and recent acquisitions contributed to consolidated performance. However, the effect of acquisitions should be considered when assessing year-on-year growth. Future results will depend on hotel demand, room rates, operating efficiency and the performance of the company&#8217;s expanded portfolio.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Source:<\/strong> ITC Hotels Limited&#8217;s Q2 FY27 financial results and company disclosures published on 26 October 2026.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Disclaimer:<\/strong> Investments in the securities market are subject to market risks. Read all related documents carefully before investing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you want to know which upcoming Q2 earnings reports are dropping? Check out <a href=\"https:\/\/www.instagram.com\/p\/De8Yd4SBo6e\/?utm_source=ig_web_copy_link&amp;xtok=MzRlODBiNWFlZA==&amp;srtk=MzRlODBiNWFlZA==\" target=\"_blank\" rel=\"noreferrer noopener\">Upcoming Q2 Results<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Do&nbsp;you have a news tip for Lakshmishree reporters? Please email us at&nbsp;<\/em>social@lakshmishree.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ITC Hotels Limited reported strong financial performance for the second quarter of FY27, with consolidated net profit increasing 51.4% year-on-year (YoY) to \u20b9201 crore, compared with \u20b9133 crore in the corresponding quarter of the previous financial year. Consolidated revenue rose 25.6% YoY to \u20b91,054 crore from \u20b9839 crore in Q2 FY26. Earnings before interest, taxes, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9038,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[62,52,50],"tags":[867,1908,642],"class_list":["post-9037","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-results","category-daily-market-update","category-indian-market","tag-itc-hotels","tag-itc-hotels-q2-results","tag-q2-results"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/9037","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=9037"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/9037\/revisions"}],"predecessor-version":[{"id":9039,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/9037\/revisions\/9039"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/9038"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=9037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=9037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=9037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}