Summary:
ITC Hotels reported a 52.03% year-on-year rise in Q2FY27 net profit to ₹202.65 crore, while revenue grew 25.57% to ₹1,054.14 crore. Higher room rates, improved occupancy and branded residences supported growth, while shares surged nearly 8% intraday after results.
ITC Hotels Ltd reported a consolidated net profit of ₹202.65 crore in Q2FY27, a 52.03% YoY growth from ₹133.29 crore in Q2FY26. The growth was helped by higher room revenue, better occupancy and contributions from branded residences. Shares of the company soared nearly 8% in intraday trading after the October 26, 2026 announcement.
ITC Hotels Q2FY27 Result: Revenue surges 26%
The consolidated revenue from operations of the hospitality firm increased 25.57% YoY to ₹1,054.14 crore from ₹839.48 crore. Total expenses went up to ₹831.33 crore from ₹699.72 crore, indicating increased operating activity.
EBITDA grew 37.31% YoY to ₹337.45 crore while the EBITDA margin improved to ~32% from 29.3% a year ago.
| Financial Metrics | Q2FY27 | Q2FY26 |
| Revenue | ₹1,054.14 cr | ₹839.48 cr |
| Net Profit | ₹202.65 crore | ₹133.29 crore |
| EBITDA | ₹337.45 crore | ₹245.75 crore |
| Total expenses | ₹831.33 cr | ₹699.72 cr |
| EBITDA margin | 32.0% | 29.3% |
Revenue increased 12.62% sequentially QoQ and net profit increased about 11.40%. The improvement bodes better operating performance in the September quarter.
Increased Room Rates, Occupancy Fuel Growth
The company's hotel business was helped by higher demand in corporate travel, leisure, conferences and social events.
Room revenue increased 22% YoY driven by higher occupancy and average room rates.
Same-store occupancy in owned hotels improved by 481 basis points to 76%, and same-store average daily room rates increased 14%. Consequently, revenue per available room (RevPAR), a key metric of hotel performance, increased 21% YoY.
Revenue from hotel operations (excluding branded residences) grew 17% YoY to ~₹983 crore.
The branded residences segment also contributed to the overall growth with quarterly revenue of ₹71.10 crore.
ITC Hotels Expands Portfolio with New Additions
ITC Hotels continued to expand in business, leisure and religious tourism destinations.
The company signed 20 hotels, including 1,600+ rooms in H1FY27. That brings its managed hotel pipeline to 84 hotels with roughly 8,200 rooms.
The company also completed the acquisition of 130-room Welcomhotel Ahmedabad, which commenced operations as an owned property on September 1, 2026.
Separately, the Lucknow Development Authority has allotted 2.8 acres of land for a proposed luxury hotel with more than 200 rooms and banqueting facilities.
New hotel signings include locations such as Goa, Ujjain, Rajgir, Havelock, Karjat and Greater Noida.
Why ITC Hotels shares jumped nearly 8%?
ITC Hotels shares saw strong buying interest post the announcement of its quarterly earnings on October 26.
The shares hit an intraday high of ₹168.50 on the NSE, up nearly 7.85% from its previous close of ₹156.25.
The rally was driven by stronger profitability, higher operating margins and improved occupancy levels.
But the stock surrendered some of the gains and settled at ₹164.40 on the BSE, up around 5.2% for the session.
The Road Ahead for ITC Hotels?
Domestic tourism, business travel, weddings and corporate events are supporting India’s hospitality sector.
Higher occupancy and room rates are key for profitability, while an expanding property pipeline at ITC Hotels may support future growth in revenues.
But rising operating expenses, competition and the capital required for expansion of owned properties are factors to watch.
Q2FY27 results reflect revenue growth and improved operating efficiency. "Future performance will depend on hotel demand, new property additions and the company's ability to maintain margins."
