ITC Hotels Q1FY27 profit up 36% YoY to Rs 182 crore, but sequential slide sinks shares 5%

ITC Hotels posted Q1FY27 net profit of Rs 182 crore, up 36% YoY though down 43% QoQ, on revenue of Rs 936 crore (+15% YoY, -25% QoQ). Shares fell ~5%. The company announced acquiring 100% of GHK Hospitality (Welcomhotel Ahmedabad, 130 keys) at an enterprise value of Rs 155 crore, extending its 150+ hotel network across 90+ destinations.

— Source publishedThu, 16 Jul, 2026, 15:05 IST·First seen Thu, 16 Jul, 2026, 15:11 IST·Source Financial Express · BrandWagon

What happened

ITC Hotels' Q1FY27 net profit rose 36% YoY to Rs 182 crore but fell sequentially; shares slid 5%. It announced acquiring 100% of GHK Hospitality (Welcomhotel

Key facts

  • net profit Rs 181.91 crore
  • up 36.05% YoY
  • revenue Rs 936.02 crore up 14.77% YoY
  • profit down 42.69% QoQ
  • revenue down 25.34% QoQ
  • shares fell ~5%
  • total expenses Rs 750 crore
  • GHK acquisition EV Rs 155 crore
  • 130-key hotel
  • 150+ hotels across 90+ destinations

Why this matters

The Rs 155 crore acquisition of GHK Hospitality's 130-key Welcomhotel Ahmedabad advances ITC's asset-adding expansion strategy toward a 150+ hotel network across 90+ destinations.

What to watch

  • Q2FY27 occupancy/ARR trends into festive-wedding season
  • New signings or acquisitions expanding beyond 150+ hotels
  • Debt/cash position post-GHK and any further inorganic spend
  • Foreign tourist arrivals and domestic corporate travel data
  • Room supply additions in key metros pressuring pricing
  • Sell-side notes will separate seasonal QoQ dip from YoY trajectory to defend estimates
  • Management commentary/call guidance on FY27 RevPAR, occupancy and pipeline of managed keys
  • Integration timeline and funding detail for the Rs 155 cr GHK acquisition
  • Peer read-across to Indian Hotels, EIH, Chalet on Q1 seasonality

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