Shares of ITC Hotels, which were listed on the stock exchanges after the demerger of the hotels business of diversified conglomerate ITC Ltd, surged nearly 7 per cent on Wednesday, July 16, 2025, after the firm reported a 54 per cent jump in consolidated net profit in the first quarter of the financial year 2025-26. The stock, which was trading at around its opening price of Rs 229.85, surged over 6 per cent to touch the new 52-week high of Rs 244.50 post the announcement of quarterly earnings. The 52-week low of the counter is Rs 158, which was touched on February 25, 2205. The market cap of the company is Rs 49,667.15 crore.
ITC Hotels Q1 Net Profit
ITC Hotels Ltd has reported a 53 per cent jump in consolidated net profit at Rs 133.71 crore in the quarter under consideration. The surge in net profit is mainly on the back of higher revenue.
The company had posted a consolidated net profit of Rs 87.16 crore in the same quarter an year ago.
Consolidated revenue from operations in the quarter that ended June 30, 2025 stood at Rs 815.54 crore as against Rs 705.84 crore in the corresponding period a year ago.
Total expenses in the quarter under review were higher at Rs 674.97 crore as compared to Rs 596.41 crore in the same period last fiscal.
ITC Hotels Plans To Expand Portfolio To Over 200 Properties in 5 Years
At present, ITC Hotels operates a bouquet of over 140 properties with over 13,000 keys in more than 90 locations.
The new pure play hospitality company said it plans to expand its portfolio to over 200 hotels over the next five years.
ITC Hotels Ltd has a portfolio through six brands - ITC Hotels and Mementos in the luxury space, Welcomhotel in upper upscale, Storii in boutique premium experiential segment, Fortune in midscale, and WelcomHeritage in heritage leisure.
It has launched 30 hotels within 24 months recently (as on December 31, 2024), and has a robust target of adding at least one hotel a month on an average over the next 24 months, it added.
With PTI inputs