How many hotels does ITC Hotels operate?

ITC Hotels achieved a milestone of crossing 150 operational hotels with over 14,000 keys during the third quarter of this fiscal year.

What is ITC Hotels' growth strategy for new cities?

ITC Hotels is partnering with asset owners to expand in Tier-II and Tier-III cities due to rising demand for premium hospitality offerings.

Home / Business and Economy / ITC Hotels Sees 9% Profit Jump Amid Expansion

ITC Hotels Sees 9% Profit Jump Amid Expansion

Q: What was ITC Hotels' net profit in Q3 FY26?

ITC Hotels reported a consolidated net profit of ₹235.13 crore for the third quarter of FY26.

20 Jan

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Summary

ITC Hotels' Q3 net profit rose 9.38% to ₹235.13 crore.
Revenue increased 21.2% in the third quarter this fiscal.
The company surpassed 150 operational hotels with over 14,000 keys.

ITC Hotels Sees 9% Profit Jump Amid Expansion

ITC Hotels announced a consolidated net profit of ₹235.13 crore for the third quarter of FY26, marking a 9.38% rise compared to the previous year. Revenue from operations for the quarter climbed by 21.2% to ₹1230.68 crore, up from ₹1015.40 crore in the same period last fiscal.

Total expenses increased by 17.5% year-on-year to ₹870.02 crore. Meanwhile, Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) saw a 23% increase, reaching ₹467 crore, with an improved EBITDA margin of 38%.

On a standalone basis, room revenue grew by 12%, fueled by corporate, wedding, and MICE segments. Average daily rates (ADRs) rose by 9%, and occupancy increased by 290 basis points, contributing to a 13% growth in revenue per available room (RevPAR).