ITC Hotels delivered impressive profit growth in the fourth quarter of FY26, with net profit rising 23% year-on-year to ₹317 crore compared to ₹258 crore in the same period last year. According to NSE filings, the company's overall revenue from core operations increased modestly by 1.6% to ₹1,243.88 crore in Q4 FY26, up from ₹1,224.27 crore in the corresponding quarter of the previous fiscal year. The profit surge was primarily driven by rising other income, though core revenue growth remained subdued due to challenges in the hotel business segment.
The company's hotel business faced headwinds during the quarter, with income from hotel operations dropping 2.5% year-on-year to ₹1,103.95 crore in Q4 FY26, compared with ₹1,132.51 crore in the same period last year. As reported in the consolidated financial statements, this decline in hotel business earnings was a key factor weighing down the overall revenue growth despite the strong profit performance. The hotel segment's performance highlighted the challenges facing the hospitality industry during the quarter.
ITC Hotels' board recommended a final dividend of ₹1 per share for FY26, subject to member approval at the upcoming Annual General Meeting scheduled for Thursday, August 6, 2026. According to the exchange filing, the record date for dividend eligibility has been set for Thursday, May 21, 2026. If approved at the AGM, every eligible shareholder will receive ₹1 per share for every stock they own, with the dividend payment scheduled up to one day ahead of the pre-set record date. The company has convened its 3rd AGM for Thursday, August 6, 2026, where members will decide on the dividend declaration.
The Q4 FY26 results demonstrate ITC Hotels' ability to generate strong profit growth despite revenue challenges in its core hotel business. The company's net profit of ₹317 crore represents significant improvement from the previous year's ₹258 crore, while the 1.6% revenue growth to ₹1,243.88 crore indicates steady operational performance. The 2.5% decline in hotel business income to ₹1,103.95 crore was the primary factor affecting overall revenue growth, highlighting the mixed performance across different business segments during the quarter.
