ITC Hotels (ITCHOTELS) Q1 25/26 earnings summary

Executive summary

• Achieved highest ever Q1 revenue and profits, with robust growth across all revenue streams and continued portfolio expansion to over 200 hotels including pipeline properties.

• Recognized as a top employer, ranked #5 in India, and received multiple awards for sustainability, customer service, and operational excellence.

• Refreshed loyalty program and enhanced guest experience through technology upgrades and new benefits.

• Unaudited standalone and consolidated financial results for the quarter ended 30th June 2025 were reviewed and approved by the Board on 16th July 2025.

• The quarter marks the first full period post-demerger of the Hotels Business from ITC Limited, effective 1st January 2025.

Financial highlights

• Standalone revenue reached ₹783 crore, up 20% year-over-year; profit after tax at ₹150 crore, up 47%.

• Consolidated revenue from operations at ₹816 crore, up 16% year-over-year; consolidated PAT at ₹134 crore, up 53%.

• Standalone revenue from operations was ₹743.59 crore, up from ₹650.19 crore year-over-year.

• Consolidated revenue from operations was ₹815.54 crore, up from ₹705.84 crore year-over-year.

• EBITDA margin at 32% (standalone) and 30% (consolidated), with margin expansion on a comparable basis.

Outlook and guidance

• Long-term demand remains robust, supported by strong macroeconomic trends, rising domestic travel, and headroom for foreign tourist arrivals.

• Targeting 220+ operational hotels and 20,000+ keys over five years, with 70% managed portfolio.

• Continued focus on asset-light growth, digital transformation, and sustainability leadership.

• Board approved capital expenditure of ₹328 crore for a new hotel in Visakhapatnam, Andhra Pradesh.