The company’s revenue from operations surged 47% in Q3FY26 to Rs 1,231 crore compared to Rs 839 crore in the year ago period.
The bottom line increased by over 9% sequentially in the quarter under review versus Rs 215 crore in Q2FY26 while the topline saw a 21% uptick against Rs 1,015 crore in the same period.
The earnings were announced during market hours and ITC Hotels shares were trading at Rs 182.80, down 1.33% around 2:15 pm, though up from the day’s low of Rs 181.
ITC Hotels, a hospitality arm of ITC Limited, incurred expenses of Rs 870 crore in Q3FY26, which was up 17% quarter-on-quarter versus Rs 740 crore in Q2FY26 and up 24% YoY compared to Rs 700 crore in Q3FY25.
The expenses were reported under the heads like foods & beverages cost, real estate development cost and employee benefit expenses, among other things.
Segment revenue
— Hotels: The hotels business revenue, which accounts for the lion’s share of its topline, stood at Rs 1,133 crore, up from Rs 995 crore in Q2FY26 and Rs 823 crore in Q3FY25.
— Real estate: This segment reported a revenue of Rs 82 crore in Q3FY25 for the first time. The company’s realty business did not report any revenue in prior quarters. In its previous filing, the company said that the Group was constructing super-premium branded residences in Colombo, Sri Lanka, and revenue from this segment will be recognised upon completion and sale of the projects.
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