ITC Hotels delivered robust fourth-quarter results for FY26, with revenue from operations reaching ₹1,254 crore, representing an 18% year-on-year increase. The company's net profit surged 23% year-on-year to ₹317 crore during the quarter, according to reports from The Economic Times. For the full fiscal year 2026, ITC Hotels reported consolidated revenue from operations of ₹4,139 crore, up 21%, and net profit of ₹821 crore, up 29% year-on-year. The chain's rooms revenue registered 10% growth during FY26, driven by steady performance across retail, contracted, MICE and weddings segments. Gross revenue from the sale of products and services increased 18% to ₹1,244 crore from ₹1,052 crore a year earlier, while other operating revenue rose to ₹9.82 crore from ₹8.38 crore.
ITC Hotels achieved its 'highest-ever' signings with 33 hotels spanning over 3,300 keys during FY26, as reported by The Economic Times. The company's managed hotels pipeline encompasses 67 hotels with 6,700 keys. Additionally, ITC Hotels signed definitive agreements for the acquisition of a luxury resort in Kumarakom, Kerala, acquiring a 100% stake in Zuri Hotels & Resorts Private Limited (ZHRPL) at an enterprise value of ₹205 crore on a debt-free and cash-free basis. The 72-key resort includes 38 villas and cottages designed around a 5-acre man-made lagoon, marking the company's first owned resort in Kerala. Anil Chadha, Managing Director of ITC Hotels Limited, described the acquisition as a 'strategic cornerstone' in expanding ITC Hotels' footprint into one of India's most sought-after leisure destinations. The acquisition is expected to be consummated over the next few days and will enable ITC Hotels to expand its luxury portfolio in a 'strategic, high-growth leisure destination'.
ITC Hotels maintained industry-leading RevPAR premium of 37% over the industry during FY26, with average daily rate growing 6% and occupancy expanding by 229 basis points, resulting in overall RevPAR growth of 10%. The company's food and beverages revenue registered 8% year-on-year growth, led primarily by banqueting with strong momentum across weddings and corporate events. Management fees grew 28% year-on-year, driven by stabilization of managed properties and new openings, along with full-year contribution from ITC Grand Central. Total expenses increased 19% YoY to ₹895 crore from ₹750 crore, with employee benefit expenses rising 11% to ₹203 crore and depreciation and amortisation expenses climbing 6% to ₹106 crore.
ITC Hotels' board recommends a final dividend of ₹1 per share for the financial year ended March 31, 2026, subject to shareholder approval at the upcoming annual general meeting scheduled for August 6. The company has fixed May 21 as the record date for determining shareholder eligibility for the final dividend, with payment scheduled between August 10 and August 14 if approved. ITC Hotels outlined ambitious expansion plans to scale its operating portfolio to 250 hotels with over 22,000 keys by 2031. ITC Ratnadipa, the company's first international hotel, turned EBITDA positive during the current year and sustained market leadership in RevPAR, while also commencing handover of apartments during the year.
