ITC Hotels has announced its financial results for the second quarter of FY27, ending September 30, 2026. The company reported a consolidated total income of ₹1,106 crore, marking a substantial 25% increase year-over-year. Profit After Tax (PAT) also saw a significant jump of 52% to ₹203 crore. These results reflect strong operational performance and strategic growth initiatives across its portfolio.
ITC Hotels Reports Milestone Q2 FY27 Performance
ITC Hotels Limited has announced a robust performance for the second quarter and the first half of the financial year 2027, ending September 30, 2026. The company achieved a consolidated total income of ₹1,106 crore, reflecting a significant year-over-year growth of 25%. This milestone was driven by strong performance across its various segments.
Key Financial Highlights
The consolidated Profit After Tax (PAT) for the quarter stood at ₹203 crore, an impressive increase of 52% compared to the same period last year. Standalone total income also grew by 16% to ₹937 crore, with standalone PAT rising by 37% to ₹207 crore. The consolidated revenue from operations increased by 26% to ₹1,054 crore, demonstrating the company’s expanding market presence and operational efficiency.
Growth and Expansion Strategies
The company highlighted its ‘Asset-Right’ expansion strategy, with 20 new hotel signings in the first half of FY27, expanding its managed pipeline to 84 hotels with approximately 8,200 keys. The acquisition of Welcomhotel Ahmedabad was completed, and a 2.8-acre land parcel in Lucknow was secured for future development. ITC Hotels continues to reinforce its leadership in sustainable hospitality, with ITC Narmada achieving LEED® Zero Carbon certification and Welcomhotel Bay Island securing LEED Platinum® certification.
Market Context and Outlook
India’s economy remains a strong growth driver, with the IMF projecting resilient domestic demand and favourable demographics. Despite global travel demand moderation, India’s hospitality sector has shown resilience, supported by domestic demand and improving connectivity. ITC Hotels is well-positioned to capitalize on these trends, leveraging its strong brand equity, operational excellence, and strategic growth initiatives.
Responsible Luxury and Sustainability
ITC Hotels remains committed to responsible luxury and sustainability. The company boasts 25 USGBC LEED Platinum®-certified hotels, including 13 LEED® Zero Carbon and 13 LEED® Zero Water-certified properties. This focus on sustainability, combined with a strong portfolio and strategic growth, provides a solid foundation for long-term profitable growth.
Source: BSE
