ITC Hotels Q4 PAT at Rs 317 crore, chain posts revenue of Rs 1,254 crore

ITC Hotels reported revenue from operations of Rs 1254 crore for the fourth quarter of financial year 2026, up 18% year on year. The chain reported a net profit of Rs 317 crore, up 23% year on year.

For the full fiscal year 2026, ITC Hotels reported consolidated revenue from operations of Rs 4,139 crore, up 16%, and a net profit of Rs 821 crore, up 29% year on year. The chain said the fiscal year saw its 'highest-ever' signings with 33 hotels spanning over 3,300 keys. The chain's managed hotels pipeline encompasses 67 hotels with 6,700 keys.

ITC Hotels has also signed definitive agreements for the acquisition of a luxury resort in Kumarakom, Kerala.


The company will acquire a 100% stake in Zuri Hotels & Resorts Private Limited (ZHRPL), which owns The Zuri Kumarakom, Kerala Resort & Spa, at an enterprise value of Rs 205 crore, on a debt-free and cash- free basis, subject to customary adjustments as per the definitive agreements. The chain said the acquisition is expected to be consummated over the next few days and will enable ITC Hotels to expand its luxury portfolio in a 'strategic, high- growth leisure destination'. This will be the company’s first owned resort in Kerala. The 72 keys resort, includes 38 villas and cottages, which are designed around a 5-acre man-made lagoon.

Anil Chadha, Managing Director of ITC Hotels Limited said the acquisition of this property in Kumarakom marks a 'strategic cornerstone' in its journey to expand ITC Hotels’ footprint into one of India’s most sought-after leisure destinations. "Kerala’s rich cultural heritage and breathtaking landscapes have always resonated with tourists, and we are thrilled to bring our luxury offerings to this serene backwater sanctuary. By integrating this iconic resort into our portfolio, we aim to elevate the guest experience through our globally recognized culinary excellence and world-class Ayurvedic wellness offerings," he said. "This move reinforces our commitment to deliver authentic experiences that define the future of Indian hospitality," he added.

The chain said post extensive renovation, the resort will be rebranded as a luxury resort under the ITC Hotels brand.

ITC Hotels said its rooms revenue during fiscal year 2026 registered a growth of 10%, driven by a 'steady' performance across retail, contracted, MICE and weddings segments. Average daily rate for the year grew by 6% and occupancy expanded by 229 bps, resulting in overall RevPAR growth of 10%.

The company said it continued to maintain a RevPAR premium of 37% over industry. The chain's food and beverages (F&B) revenue during the year registered a growth of 8% year on year, led primarily by banqueting, with 'strong' momentum across weddings and corporate events.

The chain's management fees registered a growth of 28% year on year, driven by stabilization of managed properties commissioned in the previous years along with new properties opened during the current financial year, along with a full year contribution from ITC Grand Central. The chain said ITC Ratnadipa, the company’s first international hotel, turned EBITDA positive during the current year and sustained market leadership in RevPAR. The project also commenced the handover of apartments during the year.

ITC Hotels said it aims to scale its operating portfolio to 250 hotels with over 22,000 keys by 2031. Its board recommends a dividend of Rs 1 per share for the financial year ended March 31, 2026.