India-based ITC Hotels, headquartered in West Bengal, reported a 54% jump in net profit to Rs 133 crore in Q1 FY26, backed by a 15.5% rise in revenue.
ITC Hotels, one of India’s leading luxury hospitality chains and a subsidiary spun off from ITC Limited, reported a 54 percent year-on-year jump in net profit for the first quarter of the financial year 2026. The company posted a net profit of Rs 133 crore, compared to Rs 87 crore in the same period last year.
Revenue from operations during the April–June quarter stood at Rs 815.54 crore, up 15.5 percent from Rs 705.84 crore recorded in Q1 FY25. The hotel segment alone contributed Rs 801 crore in revenue, showing an increase of nearly 16 percent from Rs 690 crore a year ago.
ITC Hotels, headquartered in West Bengal, recently made its stock market debut earlier this year without an IPO following a demerger from ITC Limited. The demerger ratio was fixed at 1:10, meaning shareholders holding 10 shares of ITC as of January 6, 2025, were allotted 1 share of ITC Hotels.
Total expenses for the quarter rose to Rs 672 crore from Rs 596 crore in the corresponding quarter last year. Earnings per share (EPS) improved to Rs 0.64.
Following the announcement of the results, ITC Hotels’ stock surged over 3 percent in afternoon trading, hovering around Rs 235.50 per share as of 2:12 PM.
This marks the company’s first quarterly result since its demerger, which aimed at unlocking value in the hospitality vertical while allowing focused strategic growth.
