ITC Hotels checks in strong profit growth in December quarter

MUMBAI: The hospitality business is clearly back in the fast lane. ITC Hotels Limited reported a solid December quarter, with higher room demand, steady food and beverage consumption, and tighter cost controls lifting profitability.

For the quarter ended 31 December 2025, ITC Hotels posted standalone revenue from operations of Rs 1,052.37 crore, up from Rs 938.70 crore a year ago. Including other income, total income stood at Rs 1,097.61 crore, marking a strong year-on-year improvement.

Profit before tax for the quarter came in at Rs 330.44 crore, even after accounting for exceptional items of Rs 52.53 crore. Net profit for the period rose to Rs 246.55 crore, compared with Rs 227.87 crore in the corresponding quarter last year, reflecting sustained recovery in the hospitality sector.

On the cost side, total expenses stood at Rs 714.64 crore, led by employee benefits of Rs 180.04 crore and other operating expenses of Rs 362.61 crore. Consumption of food and beverages remained stable at Rs 95.15 crore, indicating consistent demand across hotels and restaurants.

For the nine months ended 31 December 2025, ITC Hotels reported revenue from operations of Rs 2,556.87 crore, up from Rs 2,297.78 crore in the same period last year. Net profit for the nine-month period rose to Rs 547.91 crore, compared with Rs 434.36 crore in the previous year, underscoring improving operating leverage.

Earnings per share for the December quarter stood at Rs 1.18, while nine-month EPS came in at Rs 2.63. During the quarter, the company issued 1,34,000 equity shares under its employee stock option scheme, taking its paid-up equity share capital to Rs 208.29 crore as of 31 December 2025.

The latest numbers reinforce ITC Hotels’ steady post-pandemic rebound, with higher occupancies, improving margins and disciplined spending helping the company turn strong demand into healthier profits.