Key Financial Figures - Standalone (₹ Crores)

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹884.68 (vs ₹760.91 in Q2 FY26, +16.3% YoY)
  • Profit Before Tax: ₹277.98 (vs ₹203.36 in Q2 FY26, +36.7% YoY)
  • Profit After Tax: ₹207.42 (vs ₹151.63 in Q2 FY26, +36.8% YoY)
  • Total Comprehensive Income: ₹209.37 (vs ₹151.63 in Q2 FY26)
  • Basic EPS: ₹1.00 (vs ₹0.73 in Q2 FY26)

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹1,693.07 (vs ₹1,504.50 in H1 FY26, +12.5% YoY)
  • Profit Before Tax: ₹515.31 (vs ₹404.11 in H1 FY26, +27.5% YoY)
  • Profit After Tax: ₹384.43 (vs ₹301.36 in H1 FY26, +27.6% YoY)
  • Total Comprehensive Income: ₹386.38 (vs ₹300.54 in H1 FY26)
  • Basic EPS: ₹1.85 (vs ₹1.44 in H1 FY26)

Key Financial Figures - Consolidated (₹ Crores)

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹1,054.14 (vs ₹839.48 in Q2 FY26, +25.6% YoY)
  • Profit Before Tax: ₹277.98 (vs ₹188.69 in Q2 FY26, +47.3% YoY)
  • Profit After Tax: ₹202.65 (vs ₹133.29 in Q2 FY26, +52.0% YoY)
  • Total Comprehensive Income: ₹297.34 (vs ₹217.25 in Q2 FY26)
  • Basic EPS: ₹0.97 (vs ₹0.64 in Q2 FY26)

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹1,990.16 (vs ₹1,655.02 in H1 FY26, +20.3% YoY)
  • Profit Before Tax: ₹526.18 (vs ₹377.49 in H1 FY26, +39.4% YoY)
  • Profit After Tax: ₹384.56 (vs ₹267.00 in H1 FY26, +44.0% YoY)
  • Total Comprehensive Income: ₹268.85 (vs ₹320.93 in H1 FY26)
  • Basic EPS: ₹1.83 (vs ₹1.28 in H1 FY26)

Segment Performance (Consolidated)

Quarter Ended September 30, 2026:

  • Hotels Segment Revenue: ₹966.25 crore
  • Branded Residences Segment Revenue: ₹71.10 crore
  • Others Segment Revenue: ₹12.00 crore
  • Hotels Segment Results: ₹205.86 crore profit
  • Branded Residences Segment Results: ₹22.93 crore profit
  • Others Segment Results: ₹(0.76) crore loss

Balance Sheet Highlights

Standalone as of September 30, 2026:

  • Total Assets: ₹13,685.00 crore (vs ₹13,391.88 crore as of March 31, 2026)
  • Property, Plant and Equipment: ₹5,446.41 crore
  • Investments: ₹5,495.21 crore (non-current) + ₹277.61 crore (current)
  • Cash and Cash Equivalents: ₹11.63 crore
  • Equity: ₹12,075.78 crore

Consolidated as of September 30, 2026:

  • Total Assets: ₹13,659.67 crore (vs ₹13,484.59 crore as of March 31, 2026)
  • Property, Plant and Equipment: ₹7,940.76 crore
  • Investments: ₹987.05 crore (non-current) + ₹479.51 crore (current)
  • Cash and Cash Equivalents: ₹35.38 crore
  • Equity: ₹11,782.96 crore

Cash Flow Statements

Standalone H1 FY27:

  • Net Cash from Operating Activities: ₹453.45 crore
  • Net Cash Used in Investing Activities: ₹(259.56) crore
  • Net Cash Used in Financing Activities: ₹(213.39) crore
  • Net Decrease in Cash: ₹(19.50) crore

Consolidated H1 FY27:

  • Net Cash from Operating Activities: ₹545.79 crore
  • Net Cash Used in Investing Activities: ₹(227.18) crore
  • Net Cash Used in Financing Activities: ₹(327.17) crore
  • Net Decrease in Cash: ₹(8.56) crore

Significant Events and Transactions

1. Acquisition of GHK Hospitality & Infrastructures Limited: Completed on September 1, 2026, making GHK a wholly-owned subsidiary. Fair values provisionally determined under Ind AS 103.

2. Acquisition of Kerala Luxury Resorts Private Limited: Completed on May 19, 2026 (formerly Zuri Hotels and Resorts Private Limited), making it a wholly-owned subsidiary. Fair values determined under Ind AS 103.

3. ESOP Issuance: 88,115 equity shares of ₹1 each issued under ITC Hotels Special Purpose Employee Stock Option Scheme during Q2 FY27. Paid-up share capital increased to ₹208,30,64,424 as of September 30, 2026.

4. Segment Information: Company operates in one reportable segment - 'Hotel Services' (standalone). Group operates in Hotels, Branded Residences, and Others segments (consolidated).

Subsidiaries and Associates

Consolidated results include:

  • 7 subsidiaries including WelcomHotels Lanka, Landbase India, Bay Islands Hotels, Fortune Park Hotels, Srinivasa Resorts, Kerala Luxury Resorts, and GHK Hospitality
  • 2 associates: Gujarat Hotels Limited and International Travel House Limited
  • 1 joint venture: Maharaja Heritage Resorts Limited

Additional Information

  • Exceptional items: None in current period (vs ₹51.30 crore expense in FY26 standalone)
  • Dividend paid during period: ₹208.30 crore
  • Finance costs: ₹2.86 crore (standalone), ₹2.19 crore (consolidated) for Q2 FY27
  • Depreciation: ₹72.29 crore (standalone), ₹112.45 crore (consolidated) for Q2 FY27