ITC Hotels reported record Q2 revenue and profits, despite subdued leisure activity, with revenue from operations at ₹839 cr, up 8%, and PAT at ₹133 cr, up 74%. The growth pipeline expands to approximately 5900 keys with over 60 hotels. The company launched ‘Epiq Collection’ to accelerate premium segment growth and commissioned a 3.3 MW windmill facility in Gujarat.
Financial Performance Highlights
ITC Hotels achieved its highest-ever Q2 revenue and profits. Consolidated Revenue from Operations reached ₹839 cr, an increase of 8%. EBITDA stood at ₹246 cr, up by 16%, and Profit After Tax (PAT) soared to ₹133 cr, marking a significant rise of 74%. On a comparable basis, EBITDA increased by 22%.
Expansion and New Brand Launch
The company’s growth pipeline has expanded considerably, now including approximately 5900 keys across more than 60 hotels. A new brand, ‘Epiq Collection – Member ITC Hotels’ Group’, has been launched to accelerate growth in the premium segment. The initial Epiq Collection projects are under development in Puri and Tirupati.
Operational Performance and Sustainability
ITC Ratnadipa sustained RevPAR leadership in Colombo and achieved EBITDA positivity in Q2 FY26. In line with sustainability efforts, a new 3.3 MW windmill facility was commissioned in Gujarat. The company’s asset-right strategy and operational efficiency have contributed to a robust performance. The company is also making progress towards scaling its portfolio of Owned hotel rooms with investments in greenfield hotel projects at Puri and Vishakhapatnam and the addition of a new block at its existing hotel at Bhubaneshwar.
Hotel Signings and Pipeline
The company signed new hotels in Patna, Hyderabad, Tirupati, Wayanad, Nellore, and Mantralayam. During the first half of the year, 15 hotels were signed, totaling approximately 1,500 keys, while four new openings added 281 operational keys. As of the announcement date, the Company today has a portfolio of 207 hotels – with 146 operational and 61 in the pipeline.
New Hotel Debut in Kerala
The Company marked its entry into Kerala with the launch of Fortune Kochi. In Bihar, Welcomhotel Bodh Gaya opened in October 2025, and a new luxury hotel in Patna has been signed under the ITC Hotel brand.
Source: BSE
