
ITC Hotels delivered robust fourth-quarter results with consolidated net profit rising 23% year-on-year to ₹315.89 crore compared to ₹256.90 crore in the previous year. According to latest reports, revenue from operations grew 18% to ₹1,253.70 crore from ₹1,060.62 crore year-ago, while total income increased to ₹1,306.45 crore against ₹1,098.81 crore in the corresponding period. The company faced challenges during the quarter including subdued demand levels due to West Asia tensions impacting inbound travel, especially in South India, along with higher fuel costs from supply constraints. Profit before tax came in at ₹418.36 crore for the quarter, up from ₹353.52 crore in the same quarter last year, while total expenses rose to ₹895.35 crore from ₹749.81 crore.
For the full financial year FY26, ITC Hotels achieved a significant milestone with consolidated revenue crossing ₹4,000 crore for the first time, rising 16% year-on-year to ₹4,139.40 crore from ₹3,559.81 crore in FY25. As reported by latest data, profit attributable to owners of the parent increased to ₹816.89 crore from ₹634.57 crore in the previous year. The board recommended a final dividend of ₹1 per share for FY26, with the total cash outflow on account of dividend being ₹208.30 crore. The record date has been fixed as May 21, 2026, and the company's third annual general meeting will be held on August 6, 2026 through video conferencing and other audio visual means.
The hotels segment contributed ₹1,103.95 crore in revenue during the quarter, while the real estate business contributed ₹129.38 crore. Segment results from hotels stood at ₹322.21 crore, while the real estate segment posted ₹37.98 crore. For the full financial year, the hotels segment supported growth across retail, contracted, MICE and wedding segments, while food and beverages revenue rose 8% led by banqueting demand. The company's RevPAR premium over the industry stood at 37% during FY26, reflecting strong pricing power and occupancy growth, while management fee income increased 28% year-on-year.
For FY26, the company reported exceptional items of ₹54.19 crore linked to past service cost recognition under the new labour codes, as well as a net loss of ₹25.98 crore related to inventory and capital work-in-progress damaged by cyclone Ditwah in Sri Lanka, net of insurance claims receivable. This exceptional impact was a one-time charge that affected the full-year profitability despite strong operational performance across the quarter and year.
In a strategic expansion move, ITC Hotels announced the acquisition of The Zuri Kumarakom Resort & Spa in Kerala for an enterprise value of ₹205 crore on a debt-free and cash-free basis. According to CNBC TV18 reports, the company will acquire 100% stake in Zuri Hotels & Resorts Pvt. Ltd., which owns the 72-key luxury resort spread across 18 acres along Vembanad Lake in Kumarakom. The acquisition will mark the company's first owned resort in Kerala and strengthen its luxury leisure portfolio, with post-renovation rebranding under the "ITC Hotels" brand.
The company demonstrated strong expansion momentum with 33 hotel signings during FY26, adding over 3,300 keys - its highest-ever annual signings. As reported by CNBC TV18, this brings the managed hotels pipeline to 67 properties with around 6,700 keys. ITC Hotels aims to scale its operating portfolio to 250 hotels with over 22,000 keys by 2031. The company's strategic focus on both hotel operations and real estate business expansion positions it well for continued growth in the hospitality sector.