ITC Hotels Continues Growth Momentum with Record Q2 Performance

ITC Hotels Continues Growth Momentum with Record Q2 Performance

By Manu Vardhan Kannan

Published on October 26, 2025

ITC Hotels has reported its highest-ever Q2 revenue and profits for FY26, achieving ₹839 crore in consolidated revenue, up 8%, EBITDA of ₹246 crore, up 16%, and PAT of ₹133 crore, up 74% year-on-year. On a comparable basis, EBITDA grew 22%, reflecting the company’s robust operational and strategic execution.

The company continues to expand its growth pipeline, with over 5,900 keys across more than 60 hotels. A key highlight this quarter was the launch of its new premium brand, Epiq Collection – Member ITC Hotels’ Group, designed to accelerate growth in the premium segment. The initial projects under Epiq Collection are being developed in Puri and Tirupati, collectively adding approximately 1,000 keys over the medium term.

ITC Ratnadipa in Colombo sustained RevPAR leadership and achieved EBITDA positivity, while the company commissioned a 3.3 MW windmill facility in Gujarat, reinforcing its commitment to sustainable operations and net-zero carbon goals.

The quarter’s performance was achieved despite subdued travel and leisure activity, seasonal softness, heavy monsoon rains, and a lower number of auspicious wedding dates. ITC Hotels’ ‘Asset-Right’ strategy and focus on operational excellence helped drive room revenue growth, with ADR up 6% and occupancy rising by 254 bps, resulting in standalone RevPAR growth of 9% and consolidated RevPAR growth of 11%. The company commanded a 40% RevPAR premium over the industry, highlighting its superior product and service standards.

Food & Beverage (F&B) revenue grew 5%, with ITC outlets winning accolades such as Condé Nast Traveller Top 50 Restaurants, including Avartana at ITC Grand Chola Chennai, and Bukhara & Dum Pukht at ITC Maurya, New Delhi. The company also relaunched Edo at ITC Gardenia with refreshed concepts.

ITC Hotels’ portfolio now includes 207 hotels, with 146 operational and 61 in the pipeline. New signings during the quarter include properties in Patna, Hyderabad, Tirupati, Wayanad, Nellore, and Mantralayam, while four new openings added 281 operational keys. Notable launches include Fortune Kochi in Kerala and Welcomhotel Bodh Gaya in Bihar.

The company also enhanced its loyalty programme with the revamped Club ITC, featuring tier-based earning, milestone rewards, and an upgraded digital experience.

In line with its Responsible Luxury ethos, ITC Hotels continues to focus on sustainability and innovation, holding the largest number of LEED Platinum® certifications globally and achieving LEED Zero Carbon and Zero Water certifications across multiple properties.

The Board of Directors approved the financial results for Q2 and H1 ended 30th September 2025, reflecting ITC Hotels’ resilient growth trajectory, strong fundamentals, and continued leadership in India’s hospitality sector.


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