ITC Hotels Q3 Shines: Net Profit Up 77%, Revenue Jumps 47% Despite Challenges
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CNBC TV18•20-01-2026, 14:16
ITC Hotels Q3 Shines: Net Profit Up 77%, Revenue Jumps 47% Despite Challenges
- •ITC Hotels, the demerged entity of ITC Ltd., reported strong Q3 results with significant year-on-year growth across all parameters.
- •Net profit surged by 77% to ₹235 crore, up from ₹133 crore in the previous year.
- •Revenue for the quarter grew 47% to ₹1,231 crore, compared to ₹839.5 crore last year.
- •EBITDA nearly doubled, increasing 90% to ₹467 crore, and EBITDA margin expanded by nine percentage points to 38%.
- •Growth was achieved despite one-off impacts, including ₹55.42 crore for new labor codes and ₹28.58 crore loss from Cyclone Ditwah in Sri Lanka.
Why It Matters: ITC Hotels delivered robust Q3 financial performance with strong profit and revenue growth despite one-time challenges.
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