From The Economic Times · Anumeha Chaturvedi · · 1m
ITC Hotels Q2 Results: Revenue Up 26% Year on Year
ITC Hotels reports Rs 1054 cr revenue and Rs 203 cr profit for Q2, up 26% and 52% YoY.
In brief
ITC Hotels reports Rs 1054 cr revenue and Rs 203 cr profit for Q2, up 26% and 52% YoY. ITC Hotels reported Q2 revenue of Rs 1054 crore, up 26% year on year, with net profit at Rs 203 crore, up 52% year on year. Originally reported by The Economic Times.
Q2 Financial Performance
ITC Hotels reported revenue from operations of Rs 1054 crore for Q2, up 26% year on year.
Net Profit Growth
The chain reported a net profit of Rs 203 crore, up 52% year on year.
EBITDA Performance
ITC Hotels EBITDA stood at Rs 337 crore, up 37% year on year.
Hotel Expansion
ITC Hotels signed 20 new hotels in the first half of fiscal year 2027 and has 84 hotels in managed pipeline.
Acquisition and Land Allotment
The chain completed acquisition of 130-key Welcomhotel Ahmedabad and was allotted 2.8 acres land in Lucknow.
Room Revenue Growth
Room revenue grew 22% year on year, driven by higher rates and volumes.
The main idea
ITC Hotels reported Q2 revenue of Rs 1054 crore, up 26% year on year, with net profit at Rs 203 crore, up 52% year on year.
