ITC Hotels Reports 26 Per Cent Rise in Q2 Revenue to INR 1,054 Crore

ITC Hotels Limited reported its financial performance for the quarter ended September 30, 2026, showing growth across key metrics including consolidated revenue, EBITDA, and profit after tax. The results were approved by the company board during its meeting on October 26, 2026.

According to reported figures, consolidated revenue from operations increased by 26 per cent year-on-year to INR 1,054 crore, while consolidated income crossed INR 1,100 crore, supported by growth in rooms, food and beverage (F&B) operations, and management fees.

Financial Highlights

• Consolidated Revenue: INR 1,054 crore, up 26 per cent.
• Consolidated EBITDA: INR 337 crore, up 37 per cent.
• Consolidated PAT: INR 203 crore, up 52 per cent.
• Standalone Revenue: INR 885 crore, up 16 per cent.
• Standalone PAT: INR 207 crore, up 37 per cent.

Operational Performance and Expansion

The company noted growth in room revenue, which rose 22 per cent year-on-year due to increases in both rates and volumes. Occupancy levels grew by 481 basis points to reach 76 per cent, with average daily rates (ADR) up 14 per cent and revenue per available room (RevPAR) increasing by 21 per cent. F&B revenue increased by 12 per cent, and management and operating fees grew by 25 per cent.

Internationally, ITC Ratnadipa in Sri Lanka reported quarterly RevPAR reaching 1.8 times FY25 levels alongside positive EBITDA. Under its asset-right strategy, ITC Hotels acquired the 130-key Welcomhotel Ahmedabad as an owned hotel starting September 1, 2026, and renovated over 200 rooms across owned properties in Kolkata, Bengaluru, Chennai, and Delhi.

Future Outlook and Risk Factors

ITC Hotels signed 20 new hotels with over 1,600 keys in the first half of FY27, expanding its managed pipeline to 84 hotels. The Lucknow Development Authority also allotted a 2.8-acre land parcel for a proposed luxury hotel of over 200 keys.

The hospitality sector continues to benefit from domestic business and leisure travel, weddings, and MICE events. However, the company highlighted geopolitical tensions, inflation, and climate-related disruptions as ongoing risks. Readers and analysts can verify these financial results through official regulatory filings and the ITC Hotels investor relations portal.