ITC Hotels reported decent fourth-quarter earnings for FY26, driven by higher room revenues, improved operating performance and continued growth in the hospitality business. The company posted consolidated profit after tax of Rs 317 crore for the quarter ended March 2026, up 23% year-on-year (YoY) from Rs 258 crore reported in the corresponding quarter last year.
Revenue from operations rose 14% YoY to Rs 1,254 crore compared with Rs 1,099 crore in Q4FY25. Gross revenue from the sale of products and services increased 18% to Rs 1,244 crore from Rs 1,052 crore a year earlier, while other operating revenue increased to Rs 9.82 crore from Rs 8.38 crore.
Profit before exceptional items and tax stood at Rs 415 crore, registering 17% growth from Rs 354 crore in the corresponding quarter last year.
On the operating front, total expenses increased 19% YoY to Rs 895 crore from Rs 750 crore. Employee benefit expenses rose 11% to Rs 203 crore compared with Rs 182 crore a year ago. Depreciation and amortisation expenses increased 6% YoY to Rs 106 crore from Rs 100 crore, while other expenses climbed 8% to Rs 402 crore from Rs 372 crore.
Consumption costs related to food and beverages increased 3.8% to Rs 98 crore from Rs 95 crore in the corresponding quarter.
For the full financial year FY26, ITC Hotels reported consolidated profit after tax of Rs 821 crore, up 29% from Rs 638 crore in FY25. Annual revenue from operations increased 21% YoY to Rs 4,139 crore compared with Rs 3,560 crore in the previous financial year.
The company's board recommended a final dividend of Re 1 per equity share of face value Re 1 each for FY26, subject to shareholder approval at the upcoming annual general meeting scheduled for August 6. ITC Hotels has fixed May 21 as the record date for determining shareholder eligibility for the final dividend. If approved, the dividend will be paid between August 10 and August 14.
