ITC Hotels Limited has reported its highest-ever second-quarter revenue and profit, underscoring the company’s strong performance amid subdued travel demand and a softer wedding season. Backed by its asset-right growth model and a strong development pipeline, the hospitality major continues to strengthen its position as one of India’s most diversified and sustainable hotel chains.
For the quarter ended September 30, 2025 (Q2 FY26), ITC Hotels’ consolidated revenue from operations stood at INR 839 crore, up 8% year-on-year, while EBITDA grew 16% to INR 246 crore. Profit after tax (PAT) surged 74% to ₹133 crore. On a comparable basis, EBITDA was up 22%, and margins expanded by 215 basis points to 31%.
Despite weather-related disruptions and fewer auspicious wedding dates, room revenue remained strong, driven by retail, corporate, and MICE segments. Average daily rates (ADRs) rose 6%, occupancy improved 254 basis points, and RevPAR increased 9% on a standalone basis. Consolidated RevPAR grew 11%, with ITC commanding a 40% premium over industry averages.
Food & Beverage revenue rose 5% on a high base, aided by innovative offerings and refreshed restaurant concepts. Flagship outlets such as Avartana (Chennai), Bukhara, and Dum Pukht (Delhi) were recognized among Condé Nast Traveller’s Top 50 Restaurants.
ITC Hotels’ growth pipeline now includes over 60 properties totaling 5,900 keys, with a strong focus on premium and leisure destinations. During H1 FY26, the company signed 15 new hotels (1,500 keys) and opened four propertiesadding 281 operational keys.
A major highlight was the launch of a new premium brand — Epiq Collection – Member ITC Hotels Group — targeting high-quality conversions and owned assets in cultural and spiritual destinations. The first two hotels, in Puri (118 rooms) and Tirupati (201 rooms), will open within two years, adding around 1,000 keys under the brand in the medium term.
New signings during the quarter include hotels in Patna, Hyderabad, Tirupati, Wayanad, Nellore, and Mantralayam, further deepening ITC’s footprint across Tier-II and Tier-III cities. The group also expanded in Kerala with the launch of Fortune Kochi, with upcoming openings in Wayanad and Kakkanad.
ITC Hotels’ first international property, ITC Ratnadipa in Colombo, continued to demonstrate RevPAR leadership and turned EBITDA positive in Q2 FY26. The company noted that Sri Lanka’s tourism sector has rebounded strongly, with foreign arrivals crossing 1.73 million in the first nine months of 2025 — a full recovery to pre-pandemic levels.
Sustainability remains central to ITC’s “Responsible Luxury” philosophy. During the quarter, the company commissioned a 3.3 MW windmill in Gujarat to enhance renewable energy usage. ITC Hotels now holds 23 LEED Platinum® certifications, the highest globally, with 12 hotels LEED Zero Carbon-certified and 9 hotels LEED Zero Water-certified — industry-first achievements.
Flagship properties ITC Grand Chola, Chennai and ITC Maurya, Delhi also earned global sustainability honors, with the latter becoming the world’s first BRI-verified building to achieve an AA+ rating.
Reimagining Customer Engagement
ITC Hotels also unveiled its revamped Club ITC loyalty program, offering a more personalized and seamless digital experience, tier-based rewards, and integrated benefits through its Culinaire dining platform.
The company remains confident in its growth trajectory, citing robust domestic travel demand, policy reforms like GST rationalization, and supply constraints in the premium segment as key tailwinds. The management expects the second half of FY26 to deliver sustained momentum, supported by festive travel, MICE demand, and increasing discretionary spending.
“Our record results and expanding portfolio reaffirm ITC Hotels’ ability to combine performance with purpose,”said the company in a statement after its board approved the quarterly results on October 24, 2025.
