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.
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 its luxury leisure footprint into Kerala's backwaters.