ITC Hotels Q4 profit up 23% to ₹317 cr; to acquire Zuri Kumarakom for ₹205 cr
ITC Hotels closed FY26 with net profit up 39% at ₹888 cr on revenue of ₹4,139 cr (+16%). Q4 net rose 23% to ₹317 cr; Q4 revenue ₹1,244 cr (+18%), EBITDA ₹466 cr (+13%). The chain will buy Zuri Hotels Kumarakom (72 keys) at an enterprise value of ₹205 cr, planting a luxury-leisure flag in Kerala's backwaters. Dividend declared at ₹1/share.
What happened
ITC Hotels posted Q4FY26 net profit up 23% to ₹317 cr and FY26 profit up 39% to ₹888 cr. It will acquire Zuri Hotels Kumarakom (72 keys) for ₹205 cr, expanding
Key facts
- Q4 net profit ₹317.43 cr (+23% YoY)
- Q4 revenue ₹1,243.88 cr (+18%)
- Q4 EBITDA ₹466 cr (+13%)
- FY26 revenue ₹4,139 cr (+16%)
- FY26 net profit ₹888 cr (+39%)
- Dividend ₹1/share
- Zuri acquisition EV ₹205 cr
- 72 keys
Why this matters
Zuri Kumarakom at ₹2.85 cr per key plants ITC's luxury flag in Kerala's backwaters and sets a benchmark for further owned-asset acquisitions in underpenetrated leisure markets.