ITC Hotels reports a stronger first-quarter performance, with revenue and profit rising year-on-year. For Q1 of the current fiscal year (Q1FY27), the company’s consolidated net profit increases to about Rs 180 crore, up 35.5% from the year-ago quarter, according to results coverage. Revenue also grows, rising about 15% to Rs 936 crore (Rs 936.02 crore), supported by reported strong demand. The hotels segment contributes to the overall improvement, with segment revenue increasing by about 10.1%. Profit before tax is reported to rise around 31.5%. Prior to the results, analysts expected healthy revenue growth despite geopolitical tensions in West Asia, with brokerages flagging a potential softening in margins and forecasting net profit growth. The actual reported figures show higher-than-expected net profit growth relative to the preview estimates, while the revenue growth aligns with the general expectation of an improved top line.
ITC Hotels reports strong Q1 growth in revenue and net profit
ITC Hotels reports a stronger first-quarter performance, with revenue and profit rising year-on-year. For Q1 of the current fiscal year (Q1FY27), the company’s consolidated net profit increases to abo...
- ITC Hotels’ consolidated net profit rises about 35.5% in Q1FY27 to around Rs 180 crore.
- Revenue increases about 14.8–15% in Q1FY27 to about Rs 936 crore (Rs 936.02 crore).
- Hotels segment revenue grows roughly 10.1% year-on-year in the quarter.
- Profit before tax increases by about 31.5% in Q1FY27.
- Ahead of the results, brokerages expected net profit growth and higher revenue, while warning that margins could be soft.
ITC Hotels posted a 35.5% rise in Q1FY27 consolidated net profit to Rs 180 crore, driven by a 14.8% increase in revenue to Rs 936 crore amid strong demand.
5 hours agoRevenue from operations rose 14.8% to ₹936.02 crore, while hotels segment revenue grew 10.1% and profit before tax increased 31.5%
5 hours agoThe hotel operator is expected to report a 22% growth in net profit at Rs 162.6 crore in first quarter of current fiscal against Rs 133.1 crore in the year-ago period.
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