HighPositive
Announced Thu, 16 Jul · 14:34 IST

ITC Hotels Q1 Results: PAT jumps 35% to ₹180 crore, revenue grows 15% YoY; announces acquisition of GHK Hospitality

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AI summary

ITC Hotels reported a 35.5% YoY jump in consolidated net profit to ₹180.2 crore for Q1 FY27, with revenue from operations rising 14.8% to ₹936.02 crore. EBITDA grew 19.6% to ₹292.3 crore while margin expanded to 31.2% from 30% YoY. Separately, the company announced the acquisition of 100% stake in GHK Hospitality & Infrastructures for an enterprise value of ₹155 crore on a cash-free, debt-free basis, even as shares traded 4.71% lower at ₹174.85 on the BSE.