ITC Hotels Q1 FY27 profit jumps 36% to Rs 180 crore; revenue up 14.8%

ITC Hotels posted Q1 FY27 revenue of Rs 936 crore (up 14.8%) and profit of Rs 180 crore (up 36%). The chain crossed 200 hotels and 16,000 keys, signed eight new properties, and agreed to acquire Welcomhotel Ahmedabad for Rs 155 crore. Shares fell 5.2% to Rs 174 despite the beat.

— Source publishedThu, 16 Jul, 2026, 20:26 IST·First seen Thu, 16 Jul, 2026, 20:34 IST·Source Times of India · Business

What happened

ITC Hotels reported Q1 FY27 revenue up 14.8% to Rs 936 crore and profit up 36% to Rs 180 crore. It crossed 200 hotels, signed eight new properties, and agreed

Key facts

  • Rs 936 crore revenue
  • 14.8% revenue growth
  • Rs 180 crore profit
  • 36% profit growth
  • share down 5.2% at Rs 174
  • 200+ hotels
  • 16,000 keys
  • 8 new signings
  • Rs 155 crore EV acquisition
  • 130-room hotel

Why this matters

The Rs 155 crore Welcomhotel Ahmedabad acquisition alongside eight new signings shows ITC Hotels is deploying capital into both owned assets and asset-light management contracts to accelerate footprint growth.

What to watch

  • Q2 FY27 RevPAR and occupancy trends amid festive season
  • Integration timeline and funding for Welcomhotel Ahmedabad deal
  • Pace of new hotel openings vs signings conversion
  • Foreign tourist arrival and domestic leisure demand data
  • Management EBITDA margin guidance and any dividend/buyback signals
  • Analysts revisit RevPAR and occupancy segment splits to gauge organic vs inorganic growth
  • Management to detail asset-light vs owned mix and capex guidance for FY27 pipeline
  • Institutional flows adjust post-demerger free-float and index inclusion dynamics
  • Peers (Indian Hotels, Chalet, Lemon Tree) benchmark commentary on demand cycle