ITC Hotels reported consolidated revenue from operations of ₹1,054.14 crore for the quarter ended 30 September 2026, compared with ₹839.48 crore a year earlier. Its 26 October announcement rounds that increase to 26%. Total consolidated profit for the period rose to ₹202.65 crore from ₹133.29 crore, a rounded increase of 52%.
The unaudited figures are from the official consolidated financial results, read alongside the company’s quarterly media release. The release was observed at 22:27 IST; the financial statement at .
| Measure | Quarter ended 30 September 2026 | Primary evidence |
|---|---|---|
| Consolidated revenue from operations | ₹1,054.14 crore; previous year ₹839.48 crore | Financial results, page 1 |
| Total profit for the period | ₹202.65 crore; previous year ₹133.29 crore | Financial results, page 1 |
| Profit attributable to owners of the parent | ₹201.02 crore; previous year ₹132.77 crore | Financial results, page 1 |
| Consolidated EBITDA, company measure | Approximately ₹337 crore; +37% | Quarterly release, page 1 |
| Revenue excluding branded residences | Approximately ₹983 crore; +17% | Quarterly release, page 2 |
| EBITDA excluding branded residences | Approximately ₹314 crore; +28% | Quarterly release, page 2 |
Why the residence exclusion matters
The company’s revenue measure excluding branded residences grew 17%, below the 26% headline increase. The exclusion gives readers another view of the revenue mix, but it should not be described as “hotel-only” or organic growth. It is the company’s stated exclusion, not a like-for-like growth calculation.
The same distinction applies to EBITDA, or earnings before interest, tax, depreciation and amortisation. ITC Hotels reported approximately ₹337 crore on its consolidated measure and ₹314 crore excluding branded residences. These are company-defined earnings measures, not statutory net profit or cash flow.
Acquisitions limit direct comparisons
The financial-result notes say the group acquired GHK Hospitality & Infrastructures on 1 September 2026 and included its results from that date. Kerala Luxury Resorts, formerly Zuri Hotels and Resorts, was acquired on 19 May 2026 and included from then. The company explicitly flags that the corresponding periods are not comparable.
Consequently, excluding residences does not remove every change in business scope. The release does not provide a single organic-growth bridge that separates all acquisition effects from the headline consolidated revenue increase. Readers should not treat the 17% figure as that missing bridge.
Which profit figure should readers use?
Total profit for the period and profit attributable to the parent’s owners are different lines in the accounts. The former was ₹202.65 crore; the latter ₹201.02 crore. The media release rounds total profit to ₹203 crore. This report does not interchange those amounts or substitute standalone profit for consolidated profit.
The results establish the company’s disclosed quarterly performance, not a forecast of future hotel demand or investment returns. A useful comparison keeps the reporting scope, residence exclusion and profit definition visible rather than relying on the largest growth percentage.
Related: Supreme Industries’ separately reported Q2 results.
AI-assisted reporting checked against the linked primary documents. This does not claim independent human editorial review. Any accompanying synthetic concept image is illustrative, not a photograph of an issuer facility. Information only; not investment advice.
Exact primary-source capture times (UTC): ITC Hotels Limited — 2026-10-26T16:57:04.539Z; ITC Hotels Limited — 2026-10-26T16:57:07.172Z.
Recorded source observation: . This is a source-check timestamp, not a market quote or a new article update.