Business

ITC Hotels Reports Impressive 53% Surge in Q1 Net Profit, Reaching Rs 134 Crore

ITC Hotels Achieves Significant Growth in Q1

NEW DELHI: In a remarkable financial performance, ITC Hotels announced a 53% increase in its consolidated net profit, amounting to Rs 134 crore for the June quarter. This growth is attributed to higher revenue, showcasing the company's strong market position and operational efficiency.

ITC Hotels net rises 53% to Rs 134 crore in Q1

Future Expansion Plans

The company has set ambitious targets for the future, aiming to expand its portfolio to 220 operational hotels and over 20,000 keys by the year 2030. This strategic plan underscores ITC Hotels' commitment to growth and excellence in the hospitality industry.