Athira Sethu
Kochi, 23 Jan 2026
ITC Hotels posted strong Q3FY26 results with sound operational metrics. Brokerage firms like Jefferies have favourable view on the company going ahead.
Here is a snapshot of its performance:
ITC Hotels reported a steady performance in the third quarter ended December 2025, with net profit rising on the back of higher revenues despite an increase in expenses and one-time exceptional impacts linked to new labour codes and cyclone-related inventory damage. The company also continued to expand its hotel footprint and maintained a positive outlook for the hospitality sector.
Key Financial Performance (Q3 FY26 vs Q3 FY25)
| Metric | Q3 FY26 | Q3 FY25 | Change |
| Consolidated Net Profit | ₹236.83 crore | ₹216 crore | ▲ 9.64% |
| Revenue from Operations | ₹1,230.68 crore | ₹1,015.40 crore | ▲ 21.2% |
| Total Expenses | ₹870.02 crore | ₹740.41 crore | ▲ 17.5% |
Exceptional and One-Time Items
| Particulars | Amount |
| Impact of New Labour Codes | ₹55.42 crore |
| Loss Due to Cyclone Ditwah (Sri Lanka) | ₹28.58 crore |
| Insurance Claim Status | Survey in process |
Operational Highlights
| Aspect | Details |
| Demand Trend | Strong demand for premium hospitality |
| Expansion Focus | Tier-II and Tier-III cities |
| Business Strategy | Partnerships with asset owners |
Hotel Expansion During the Quarter
| New Locations Opened | Cities |
| New Hotels | Bodh Gaya, Rishikesh, Siliguri, Sirmaur, Dungarpur, Jaipur |
Network and Portfolio Growth
| Metric | Details |
| Hotels Signed in 2025 | 28 hotels |
| Keys Signed in 2025 | 2,790 keys |
| YoY Growth in Keys Signed | 26% |
| Operational Hotels | 150+ |
| Total Operational Keys | 14,000+ |
Disclaimer: This information is for educational purposes only. Please consult your financial advisor before investing in stocks.
