Date: August 06, 2026
KMP / Board / Auditor Changes
Not Specified
Dividend Declaration or Non-Declaration
Not Specified
Board Meeting Outcomes
Not Specified
Financial Results (Standalone & Consolidated)
- Total Income grew 19% to over ₹4,331 crore for the year under review
- PAT (Profit After Tax) increased by 29%
- Performance reflects disciplined execution, smart revenue management and operational excellence
Disinvestment / Strategic Actions
- Pursuing inorganic growth through acquisition of a new property in Kerala
- Signed another property in Ahmedabad
- Recently signed agreements for properties in Ayodhya, Bodh Gaya, Gandhinagar, Guwahati, Jaipur, Rajgir, Shahjahanpur and Shirdi
Company Performance Highlights:
- Operating portfolio: Approximately 150 hotels with more than 14,200 keys across India, Sri Lanka and Nepal
- Signed 63 hotels and opened 29 properties over the past 24 months
- Pipeline of 78 hotels with over 8,000 keys
- Target to scale operating portfolio to 250 hotels and over 22,000 keys over the next five years
Sustainability Achievements:
- Operates world's largest portfolio of LEED® Platinum-certified hotels with 25 properties
- First hospitality Group globally to achieve LEED® Zero Water certification for 13 hotels
- First hospitality Group globally to achieve LEED® Zero Carbon certification for 12 properties
- Recognized as World's Leading Sustainable Organisation and World's Leading Sustainable Employer at World Sustainable Travel & Hospitality Awards 2025
- Recognized as 'Great Place to Work', ranking among India's leading employers and Asia's best workplaces
- Recognized as India's Best Luxury Hotel Chain for ninth consecutive year at Travel + Leisure India's Best Awards
Expansion Projects:
- Investing in development of new properties in Puri, Visakhapatnam and Delhi
- Expanding hotel in Bhubaneswar
- Total expansion adding nearly 670 rooms to portfolio
Brand Portfolio:
- Seven brands: ITC Hotels, Mementos, Welcomhotel, Storii, Fortune Hotels, WelcomHeritage and newly introduced Epiq Collection
- Iconic culinary institutions: Bukhara, Dum Pukht, Avartana and Peshawri
- Kaya Kalp – The Royal Spa offering indigenous therapies
- Refreshed Club ITC loyalty ecosystem
Digital Strategy:
- Digital and AI technologies at core of strategy to transform guest experiences
- Investing in cloud-first digital architecture, Artificial Intelligence and integrated data capabilities
Human Resources:
- ITC Hospitality Management Institute as flagship learning and leadership development institution
Other Operational / Legal / Strategic Disclosures
Market Context - Indian Tourism Industry:
- Domestic tourism surged to over 4 billion domestic visits (up from pre-pandemic level of around 2.3 billion)
- Domestic visitor spending expected to nearly double from Rs 19 trillion in 2026 to Rs 36.5 trillion by 2036
- Travel & tourism sector expected to contribute 7% of India's GDP and 13% of employment by 2036
- Adding over 15 million additional jobs by 2036
- India accounts for less than 1.5% of global international tourist arrivals (almost 55% are NRI arrivals)
- Government target: 100 million inbound visitors by 2047
- 50 world-class tourist destinations being developed in partnership with States
Tourism Segments Highlighted:
- 'Wed In India' - destination weddings
- 'Soul Trails' - spiritual and religious tourism combining faith, heritage, mindfulness
- 'Heal in India' - medical tourism encompassing Ayurveda, Yoga, meditation and naturopathy
- 'Eventscape economy' - concerts, sporting events, festivals and cultural performances
- 'Meet in India' - business events, delegations, MICE supported by Bharat Mandapam and Yashobhoomi
- India has 45 UNESCO World Heritage Sites
Company Legacy:
- Celebrating 50 years of operations
- Philosophy of 'Responsible Luxury'
- Inspired by Atithi Devo Bhava spirit