ITC Hotels Q1 FY27 Results: Net Profit Jumps 35% YoY To ₹180 Crore, Revenue Up 14.8% To ₹936 Crore On GHK Hospitality Acquisition

ITC Hotels on Thursday, July 16, reported a 35.42% year-on-year rise in consolidated net profit to ₹180.25 crore for the April-June quarter (Q1 FY27). In the same quarter last year, the company's profit stood at ₹133.10 crore. The company's investor presentation rounds this to ₹182 crore, up 36% YoY.

On a sequential basis, profit fell 43% from ₹315.9 crore in the March quarter (Q4 FY26), in line with hospitality's typical post-peak seasonal slowdown.

Revenue from operations for the June quarter rose 14.77% YoY to ₹936.02 crore, from ₹815.54 crore a year earlier - confirmed in the company's investor presentation at ₹936 crore, up 15%. Sequentially, revenue was down 34% QoQ from ₹1,243 crore in Q4 FY26.

ITC Hotels Q1 FY27 Results: Margin And Profitability Breakdown

The investor presentation splits performance across three bases. On a standalone basis, revenue came in at ₹808 crore (up 9% YoY), EBITDA at ₹263 crore (up 11%), EBITDA margin at 32% (up 57 bps), and profit after tax at ₹177 crore (up 18%).

On a consolidated basis excluding Branded Residences, revenue stood at ₹898 crore (up 10%), EBITDA at ₹281 crore (up 15%), EBITDA margin at 31% (up 125 bps), and PAT at ₹169 crore (up 26%).

On an overall consolidated basis, EBITDA rose 19% YoY to ₹292 crore, with EBITDA margin at 31%, up 123 bps.

By business segment, the hotels segment - the core business - posted revenue of ₹881.06 crore, up 10% YoY, with segment EBIT rising 22.8% YoY to ₹176.54 crore. The Branded Residences segment reported revenue of ₹37.77 crore and EBIT of ₹13.22 crore for the quarter.

ITC Hotels Q1 FY27 Results: GHK Hospitality Acquisition

ITC Hotels' board has executed the share purchase and share subscription agreement to acquire 100% of the share capital of GHK Hospitality & Infrastructures Limited, at an enterprise value of ₹155 crore on a cash-free, debt-free basis, subject to customary adjustments. GHK is an Ahmedabad-based company that owns the 130-key Welcomhotel Ahmedabad, currently run by ITC Hotels under an operating services agreement.

The investment will be made through a mix of primary subscription and secondary purchase of GHK's equity shares. The company said the deal is expected to close within the June quarter - as reported, though this sits after the quarter under review; worth confirming the intended timeline before publishing [X]. The acquisition adds an owned property to ITC Hotels' Ahmedabad portfolio, alongside its existing managed presence in the city.

This follows the group's acquisition of the entire share capital of Kerala Luxury Resorts Private Limited (formerly Zuri Hotels and Resorts Private Limited) on May 19, 2026, which made it a wholly owned subsidiary.

ITC Hotels Q1 FY27 Results: Management Commentary

On the GHK deal, ITC Hotels said: "This value-accretive acquisition provides an opportunity to the company to capitalize on Ahmedabad's diversified year-round demand."

ITC Hotels Share Price

ITC Hotels shares fell as much as 5.06% intraday to ₹174.20 on the BSE on Thursday after the results and the GHK acquisition update were released during market hours.

The stock has lost 27% over the past year and is down 11% year-to-date, though it has gained 11% over the past month; over the last five sessions it is down 4%. Shares hit a 52-week high of ₹261.62 on July 21, 2025, and a 52-week low of ₹137.30 on March 30, 2026. ITC Hotels' market capitalisation stood at ₹36,452 crore as of Thursday's session.

Also Read - MRPL Q1 FY27 Results: Net profit soars to ₹945.68 crore from ₹116.99 crore, revenue jumps 98.24% YoY to ₹41,609 crore; EBITDA rises 8x YoY on refining margin gains