ITC Hotels Limited has reported impressive financial growth for the financial year ended March 31, 2026. The company achieved a consolidated net profit of ₹821.26 crore, reflecting a strong operational performance across its hotel and real estate segments. In a move to reward shareholders, the Board of Directors has recommended a final dividend of ₹1 per equity share, subject to approval at the upcoming 3rd Annual General Meeting on August 6, 2026.
Financial Performance Overview
For the financial year ended March 31, 2026, ITC Hotels Limited demonstrated significant year-over-year growth. The company’s consolidated revenue from operations reached ₹4,139.40 crore, compared to ₹3,559.81 crore in the previous year. Profit after tax for the consolidated entity stood at ₹821.26 crore, an increase from ₹637.64 crore reported in the prior fiscal year.
Segment Breakdown
The company continues to focus on its core ‘Hotel Services’ alongside its ‘Real Estate’ and other business interests. The Hotels segment remains the primary revenue driver, contributing ₹3,859.83 crore to the annual segment revenue. The Real estate segment also made a positive contribution, adding ₹210.89 crore to the total, highlighting a diversified approach to revenue generation.
Shareholder Rewards and Corporate Appointments
In addition to the strong financial results, the Board has recommended a final dividend of ₹1 per equity share of ₹1 each for the financial year 2025-26. The Record Date for determining dividend eligibility is set for Thursday, May 21, 2026. The payout is scheduled to take place between August 10, 2026 and August 14, 2026.
Furthermore, the Board has recommended the appointment of Mr. Ramakrishnan Chander as a Non-Executive Director for a three-year term, representing the Life Insurance Corporation of India, pending approval at the 3rd Annual General Meeting.
Strategic Outlook
The company noted a one-time financial impact due to the implementation of new labor codes, affecting both standalone and consolidated results. Additionally, the consolidated figures accounted for a net loss of ₹25.98 crore due to damages caused by cyclone Ditwah in Sri Lanka, net of insurance recoveries. Despite these challenges, the company maintains a positive outlook as it continues to streamline operations and leverage its strengthened market position.
Source: BSE
