| Scrip Code | 544325 |
|---|---|
| NSE Symbol | ITCHOTELS |
| MSEI Symbol | NOTLISTED |
| ISIN | INE379A01028 |
| Name of company | ITC HOTELS LIMITED |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2026 |
| Date of end of financial year | 31-03-2027 |
| Date of board meeting when results were approved | 16-07-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 06-07-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | First quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 16-07-2026 13:20:00 |
| End date and time of board meeting | 16-07-2026 13:55:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 93,602.00 | 93,602.00 | |
| Other income | 5,852.00 | 5,852.00 | |
| Total income | 99,454.00 | 99,454.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 11,073.00 | 11,073.00 |
| (b) | Purchases of stock-in-trade | 0.00 | 0.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 0.00 | 0.00 |
| (d) | Employee benefit expense | 19,626.00 | 19,626.00 |
| (e) | Finance costs | 200.00 | 200.00 |
| (f) | Depreciation, depletion and amortisation expense | 10,430.00 | 10,430.00 |
| (f) | Other Expenses | ||
| 1 | Other expenses | 33,671.00 | 33,671.00 |
| Total other expenses | 33,671.00 | 33,671.00 | |
| Total expenses | 75,000.00 | 75,000.00 | |
| 3 | Total profit before exceptional items and tax | 24,454.00 | 24,454.00 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 24,454.00 | 24,454.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 6,194.00 | 6,194.00 |
| 8 | Deferred tax | 435.00 | 435.00 |
| 9 | Total tax expenses | 6,629.00 | 6,629.00 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 17,825.00 | 17,825.00 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 366.00 | 366.00 |
| 16 | Total profit (loss) for period | 18,191.00 | 18,191.00 |
| 17 | Other comprehensive income net of taxes | (21,040.00) | (21,040.00) |
| 18 | Total Comprehensive Income for the period | (2,849.00) | (2,849.00) |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 18,025.00 | 18,025.00 | |
| Total profit or loss, attributable to non-controlling interests | 166.00 | 166.00 | |
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | (3,015.00) | (3,015.00) | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 166.00 | 166.00 | |
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 20,830.00 | 20,830.00 | |
| Face value of equity share capital | 1 | 1 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 0.87 | 0.87 | |
| Diluted earnings (loss) per share from continuing operations | 0.87 | 0.87 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 0.87 | 0.87 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 0.87 | 0.87 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | 1. 'Revenue from operations' includes 'Gross Revenue from sale of products and services' and 'Other operating revenue'. 2. 'Cost of materials consumed' includes 'Consumption of food, beverage, etc.' and 'Branded residences development cost'. 3. 'Depreciation, depletion and amortisation expense' should be read as 'Depreciation and amortization expense' The figures for the preceding 3 months ended 31.03.2026 are the balancing figures between the audited figures in respect of the full financial year ended 31.03.2026 and the year to date figures upto the third quarter of that financial year, which were subjected to limited review. NOTES TO STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED 30.06.2026 (1) The Unaudited Consolidated Financial Results and Segment Results were reviewed by the Audit Committee, and approved by the Board of Directors of the Company at its meeting held on 16th July, 2026. (2) The Group had, on 19th May 2026, acquired the entire share capital of Kerala Luxury Resorts Private Limited (‘KLRPL’ - formerly known as Zuri Hotels and Resorts Private Limited), consequent to which KLRPL became a wholly owned subsidiary of the Company with effect from the said date. The fair values of assets and liabilities acquired have been provisionally determined and recorded in accordance with Ind AS 103 on 'Business Combinations' and have been reflected in the 'Hotels' segment. Accordingly, financial results of the Group and ‘Hotels’ segment for the quarter ended 30th June, 2026 include those of KLRPL from 19th May, 2026 and hence are not comparable with previous periods. (3) This statement is as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Limited Review The Company is required to file its financial results with the Stock Exchanges as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and accordingly, the financial results have been subjected to Limited Review by the statutory auditors of the Company, who have issued an unmodified conclusion on the same. |
|---|
| Debt equity ratio | Debt Ratios are not relevant for the Group as there are no borrowings. |
|---|---|
| Debt service coverage ratio | Debt Ratios are not relevant for the Group as there are no borrowings. |
| Interest service coverage ratio | Debt Ratios are not relevant for the Group as there are no borrowings. |
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-04-2026 | 01-04-2026 | |||||
| Date of end of reporting period | 30-06-2026 | 30-06-2026 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Hotels | 88,106.00 | 88,106.00 | ||||
| 2 | Branded Residences | 3,777.00 | 3,777.00 | ||||
| 3 | Others | 1,173.00 | 1,173.00 | ||||
| Total Segment Revenue | 93,056.00 | 93,056.00 | |||||
| Less: Inter segment revenue | 176.00 | 176.00 | |||||
| Revenue from operations | 92,880.00 | 92,880.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Hotels | 17,654.00 | 17,654.00 | ||||
| 2 | Branded Residences | 1,322.00 | 1,322.00 | ||||
| 3 | Others | 375.00 | 375.00 | ||||
| Total Profit before tax | 19,351.00 | 19,351.00 | |||||
| i. Finance cost | 200.00 | 200.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | (5,669.00) | (5,669.00) | |||||
| Profit before tax | 24,820.00 | 24,820.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Hotels | 8,99,667.00 | 8,99,667.00 | ||||
| 2 | Branded Residences | 1,25,647.00 | 1,25,647.00 | ||||
| 3 | Others | 13,657.00 | 13,657.00 | ||||
| Total Segment Asset | 10,38,971.00 | 10,38,971.00 | |||||
| Un-allocable Assets | 3,13,770.00 | 3,13,770.00 | |||||
| Net Segment Asset | 13,52,741.00 | 13,52,741.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Hotels | 1,21,554.00 | 1,21,554.00 | ||||
| 2 | Branded Residences | 11,346.00 | 11,346.00 | ||||
| 3 | Others | 5,636.00 | 5,636.00 | ||||
| Total Segment Liabilities | 1,38,536.00 | 1,38,536.00 | |||||
| Un-allocable Liabilities | 46,963.00 | 46,963.00 | |||||
| Net Segment Liabilities | 1,85,499.00 | 1,85,499.00 | |||||
| Disclosure of notes on segments | Textual Information(2) | ||||||
| Textual Information(2) | The figures for the preceding 3 months ended 31.03.2026 are the balancing figures between the audited figures in respect of the full financial year ended 31.03.2026 and the year to date figures upto the third quarter of that financial year, which were subjected to limited review. (1) The Operating Segments have been reported in a manner consistent with the internal reporting provided to the Strategic and Executive Management Committee, which is the Chief Operating Decision Maker. The Group has presence in Hotels and Branded residences businesses. The Group's organisational structure and governance processes are designed to support effective management of these businesses. (2) During the quarter ended 30th June 2026, the ‘Real Estate’ segment has been renamed as ‘Branded Residences’ segment to better reflect the underlying nature of its operations. This represents a change in nomenclature only and does not impact the composition of the segment, segment results, assets, liabilities, or the basis of segment reporting. The business groups comprise the following : Hotels - Hotel Services Branded Residences - Sale of Branded Residences and allied services Others - Golfing and ancillary services |
|---|
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Items that will not be reclassified to profit or loss | (2.00) | (2.00) |
| Total Amount of items that will not be reclassified to profit and loss | (2.00) | ||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 0.00 | 0.00 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Items that will be reclassified to profit or loss | (21,038.00) | (21,038.00) |
| Total Amount of items that will be reclassified to profit and loss | (21,038.00) | ||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | (21,040.00) | (21,040.00) |