New Delhi: ITC Hotels Ltd, one of India’s leading hospitality companies, has reported a 21% year on year rise in consolidated revenue for Q3 FY26 even as the company actively renovates some of its properties and expands aggressively. This quarter, ITC Hotels surpassed the 150 hotel milestone, as the company looks to become the leading hospitality chain in the country.
The company reported operational revenues of Rs.1,231 crore, 21% more than last year, with its Profit After Tax (PAT) being 42% higher YoY at Rs.307 crore. The company’s room revenues increased by 12% for its corporate, wedding and MICE segments, mostly on the back of its superior brand standing and service standards. The company’s Food and Beverage (F&B) revenues increased 8% in Q3, as its banqueting orders increased across wedding and corporate events.
The company’s ITC Ratnadipa, Colombo property witnessed its first positive EBITDA on a year-to-date (YTD) basis, supported by high tourist numbers.
During the quarter, the company opened new hotels in Jaipur, Bodh Gaya, Rishikesh, Siliguri and Sirmaur. Across 2025, ITC added 28 hotels representing 2,790 keys, a 26% growth from calendar year 2024. Looking ahead, the company is now aiming to expand to 220 hotels by 2030, representing almost 20,000 rooms across the country and abroad. Amongst the most significant hotels are greenfield and brownfield hotels in Vizag, Bhubaneshwar and Puri with another premium hotel planned at the Yashobhoomi Complex in New Delhi.
ITC Hotels shares were trading at Rs.178.50 per share on January 20 following its declaration to the bourses.
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