ITC Hotels Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The company reported a robust annual consolidated profit of ₹821.26 crore and recommended a final dividend of ₹1 per equity share. The board also proposed the appointment of a new Non-Executive Director. The annual general meeting is scheduled for August 6, 2026, to review the company’s performance and approve the dividend payout.
Financial Performance Summary
For the fiscal year ending March 31, 2026, ITC Hotels Limited demonstrated strong growth. The company achieved a consolidated total income of ₹4,331.34 crore, reflecting significant operational progress. The consolidated net profit for the year stood at ₹821.26 crore. On a standalone basis, the company reported a total income of ₹3,760.51 crore with a profit of ₹829.26 crore for the same period.
Dividend and Shareholders’ Meeting
The Board of Directors has recommended a final dividend of ₹1 per equity share for the financial year ended March 31, 2026, subject to approval by shareholders. The record date for determining eligibility for the dividend is May 21, 2026. If approved, the dividend will be distributed between August 10, 2026, and August 14, 2026. The 3rd Annual General Meeting is slated to be held on August 6, 2026, through electronic means.
Strategic Appointments
In addition to financial matters, the Board has recommended the appointment of Mr. Ramakrishnan Chander as a Non-Executive Director of the company. His term is proposed for a period of three years starting from the date of the upcoming Annual General Meeting. Mr. Chander is expected to represent the Life Insurance Corporation of India on the Board, bringing further oversight and strategic experience to the company.
Operational Insights
The company continues to operate within the ‘Hotel Services’ segment, with additional interests in Real Estate and Golfing/Ancillary services. The consolidated results highlight the company’s resilient performance across these segments, supported by effective management and strategic focus on its core hospitality business despite one-time exceptional impacts related to new labor code implementations and localized environmental challenges in international operations.
Source: BSE
