ITC Hotels Q1 results: Net profit surges 53% YoY to Rs 134 crore; revenue rises 15.5% YoY to Rs 816 crore
ITC Hotels reported a robust 53% surge in net profit, reaching ₹133.71 crore for the June quarter, fueled by strong room and food service revenue growth. Targeting 220 hotels by 2030, they've surpassed 200, with 143 operational and 58 in the pipeline. Revenue climbed 15.5% to ₹815.54 crore, driven by increased ADRs and occupancy.
ITC Hotels reported a robust 53% surge in net profit, reaching ₹133.71 crore for the June quarter, fueled by strong room and food service revenue growth. Targeting 220 hotels by 2030, they've surpassed 200, with 143 operational and 58 in the pipeline. Revenue climbed 15.5% to ₹815.54 crore, driven by increased ADRs and occupancy.
