Record Profits and Revenue for ITC Hotels

In a remarkable financial performance, ITC Hotels has reported its highest ever quarterly profits and revenue in Q1 FY 2026, despite the travel disruptions caused by the April 22 terror attack on Pahalgam. The company's consolidated revenue saw a 20% increase to Rs 860 crore, with profits soaring by 53% to Rs 134 crore.

Expansion and Growth Strategy

ITC Hotels has significantly expanded its portfolio to over 200 hotels, with 143 currently operational and 58 in the pipeline. The company has achieved 55 signings and 25 hotel openings in the last 24 months. The 'Asset right' strategy focuses on capital-efficient growth through partnerships with asset owners, leveraging brand credentials, and providing operational expertise.

Market Performance and Future Goals

The company's scrip closed 4.5% up at Rs 238.50 on BSE, outperforming the broader market. With an ambitious target to reach 220 operational hotels and over 20,000 keys by 2030, ITC Hotels is also expanding into Tier 2 and 3 cities to tap into the growing demand for premium hospitality.