ITC hotels net profit and revenue zoom upto 22% in tough FY 26

NEW DELHI: Indian hospitality major ITC Hotels Friday reported a revenue of Rs 1,254 crore in Q4, FY 26, up 18% from same period last year and net profit of Rs 314 crore, up 22% from previous Q4 On a full year basis, the company saw its consolidated revenue rise 16% to Rs 4,139 crore in FY 26 and its net profit rise 39% to Rs 888 crore. The scrip closed flat Rs 155.30 on BSE Friday, when the broader market was down 02%.

During last fiscal, ITC Hotels did its highest-ever signings for 33 hotels with over 3,300 keys. The managed hotels pipeline reaches 67 hotels with about 6,700 keys. “Guided by ‘asset-right’ strategy, the company aims to scale its operating portfolio to 250 hotels with over 22,000 keys by 2031,” it said in a statement.

“The company delivered a robust performance during the financial year amidst a volatile operating environment. External factors created temporary fluctuations in demand, which briefly affected occupancy levels; however, ADRs witnessed a year-on-year growth, supported by smart revenue management and value-based offers. Growth in food & beverages segment was driven by sustained momentum in banqueting and event catering along with innovative culinary offerings across the company’s hotels. The company proactively navigated operating challenges arising from the West Asia conflict, without compromising the guest experience. The company continued to undertake strategic cost management initiatives which helped protect margins,” the statement added.

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