16-Jul-2025      15:29

ITC Hotels spurts after Q1 PAT rises over 53% YoY in Q1 FY26

On the segmental front, revenue from Hotels division was Rs 800.57 crore (up 16% YoY) and Other revenue was Rs 10.06 crore (up 10.3 % YoY) in the June'25 quarter.

Total expenses for the period under review aggregated to Rs 674.97 crore, up 13.2% YoY.

Profit before tax in Q1 FY26 stood at Rs 188.80 crore, up by 53.6% from Rs 122.96 crore in Q1 FY25.

ITC Hotels operates over 140 hotels in more than 90 destinations. The group operates under six brands: 'ITC Hotels' and 'Mementos' in the luxury segment, 'Storii' in the boutique premium segment, 'Welcomhotel' in the upper upscale category, 'Fortune' in the midscale segment, and 'WelcomHeritage' in the heritage leisure space. A pioneer in green hoteliering, all owned ITC Hotels and Welcomhotels are LEED (Leadership in Energy and Environmental Design) Platinum certified.

Powered by Capital Market - Live News

News source: Capital Market - Live News