5443252025-10-012025-12-315443252025-12-315443252025-04-012025-12-315443252025-10-012025-12-31in-capmkt:OtherExpenses1Member5443252025-04-012025-12-31in-capmkt:OtherExpenses1Member5443252025-10-012025-12-31in-capmkt:ReportableSegments1Member5443252025-10-012025-12-31in-capmkt:ReportableSegments2Member5443252025-10-012025-12-31in-capmkt:ReportableSegments3Member5443252025-04-012025-12-31in-capmkt:ReportableSegments1Member5443252025-04-012025-12-31in-capmkt:ReportableSegments2Member5443252025-04-012025-12-31in-capmkt:ReportableSegments3Member5443252025-10-012025-12-31in-capmkt:ReportableSegments1Member5443252025-10-012025-12-31in-capmkt:ReportableSegments2Member5443252025-10-012025-12-31in-capmkt:ReportableSegments3Member5443252025-04-012025-12-31in-capmkt:ReportableSegments1Member5443252025-04-012025-12-31in-capmkt:ReportableSegments2Member5443252025-04-012025-12-31in-capmkt:ReportableSegments3Member5443252025-10-012025-12-31in-capmkt:ReportableSegments1Member5443252025-12-31in-capmkt:ReportableSegments1Member5443252025-10-012025-12-31in-capmkt:ReportableSegments2Member5443252025-12-31in-capmkt:ReportableSegments2Member5443252025-10-012025-12-31in-capmkt:ReportableSegments3Member5443252025-12-31in-capmkt:ReportableSegments3Member5443252025-10-012025-12-31in-capmkt:ReportableSegments1Member5443252025-12-31in-capmkt:ReportableSegments1Member5443252025-10-012025-12-31in-capmkt:ReportableSegments2Member5443252025-12-31in-capmkt:ReportableSegments2Member5443252025-10-012025-12-31in-capmkt:ReportableSegments3Member5443252025-12-31in-capmkt:ReportableSegments3Member5443252025-10-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15443252025-04-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15443252025-10-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss15443252025-04-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares544325ITCHOTELSNOTLISTEDINE379A01028ITC HOTELS LIMITEDMain BoardEquity2025-04-012026-03-312026-01-202026-01-09INRCroresQuarterlyThird quarterMulti segment2026-01-2012:40:002026-01-2013:40:00Not applicable2025-10-012025-12-31UnauditedConsolidated12306800000496000000128028000001622300000002036600000219000001042100000397730000087002000004102600000-8400000003262600000826800000762000009030000000235960000000087000002368300000-3843000001984000000235130000017000000196700000017000000208290000011.131.13001.131.131. ‘Revenue from operations’ includes ‘Gross Revenue from sale of products and services’ and ‘Other operating revenue’. <BR> 2. ‘Cost of materials consumed’ includes ‘Consumption of food, beverage, etc.’ and ‘Real estate development cost’. <BR> 3. ‘Depreciation, depletion and amortisation expense’ should be read as ‘Depreciation and amortization expense’. <BR> <BR> NOTES TO STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31.12.2025 <BR> <BR> 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 20th January, 2026. <BR> <BR> 2. The Hon’ble National Company Law Tribunal, Kolkata Bench, vide Order dated 4th October, 2024, approved the Scheme of Arrangement amongst ITC Limited and the Company and their respective Shareholders and Creditors under Sections 230 to 232 read with other applicable provisions of the Companies Act, 2013 (‘Scheme’) for demerger of the Hotels Business of ITC Limited ('Demerged Undertaking') into the Company on a going concern basis. The Appointed Date and Effective Date of the Scheme was 1st January, 2025. <BR> <BR> In accordance with the accounting treatment specified in the Scheme and in terms of applicable Accounting Standards (Ind AS), the figures for the quarter and period ended 31st December, 2024 and year ended 31st March, 2025 include the results of the Company and the Demerged Undertaking, from the date of incorporation of the Company. <BR> <BR> 3. 1,34,000 Equity Shares of Re. 1/- each were issued and allotted under the ITC Hotels Special Purpose Employee Stock Option Scheme during the quarter ended 31st December, 2025. Consequently, the issued and paid-up Share Capital of the Company stands increased to Rs. 2,08,28,53,588/- as on 31st December, 2025. <BR> <BR> 4. Earnings per share (Basic & Diluted) are calculated after considering the impact of issuance of equity shares pursuant to the Scheme from the date of incorporation of the Company. <BR> <BR> 5. Exceptional items for the quarter and nine months ended 31st December, 2025 include: <BR> i) estimated one time impact on recognition of past service cost of Rs. 55.42 crores with respect to gratuity and leave with wages pursuant to notifications issued by the Ministry of Labour & Employment dated 21st November, 2025 bringing into force the provisions of the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively referred to as the "New Labour Codes"). The Group continues to monitor the finalization of rules by the Government and other related aspects of the New Labour Codes and will appropriately account for such changes, if required. <BR> <BR> ii) estimated net loss of Rs. 28.58 crores on account of inventory damaged due to Cyclone Ditwah in Sri Lanka, for which insurance survey is under process. <BR> <BR> 6. This statement is as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. <BR> <BR> Limited Review <BR> 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. <BR> 2025-04-012025-12-31UnauditedConsolidated28857000000139190000030248900000330260000000580290000057600000310730000010176700000224471000007801800000-840000000696180000018460000001619000002007900000049539000000008440000050383000001550000005193300000501000000028300000516500000028300000208290000012.412.4002.412.4Debt equity ratio is not applicable to the GroupDebt service coverage ratio is not applicable to the GroupInterest service coverage ratio is not applicable to the GroupOther Expenses3977300000Other Expenses10176700000Hotels11325100000Real estate815100000Others128800000Hotels27558800000Real estate815100000Others336200000122690000002871010000026300000577000001224270000028652400000Hotels3367900000Real estate264500000Others46000000Hotels6211200000Real estate257500000Others111900000367840000065806000002190000057600000385200000-52320000032713000007046200000Hotels85978200000Real estate13438800000Others135040000010076740000030400200000131167600000Hotels11558800000Real estate1708800000Others549700000138173000004570600000183879000001. 'Revenue from Operations' should be read as 'Gross Revenue from sale of products and services'. <BR> <BR> 2. ‘Other Unallocable Expenditure net off Unallocable income’ should be read as ‘Other un-allocable (income) net of un-allocable expenditure and is, net of share of profit/loss of Associates and Joint Ventures. <BR> <BR> 3. 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 Real Estate businesses. The Group's organisational structure and governance processes are designed to support effective management of these businesses. <BR> <BR> 4. The business groups comprise the following : <BR> <BR> Hotels - Hotel Services <BR> Real estate - Branded Residences <BR> Others - Golfing and ancillary services <BR> Items that will not be reclassified to profit or loss1070000010700000Items that will not be reclassified to profit or loss-900000-90000028000000Items that will be reclassified to profit or loss-392200000-392200000Items that will be reclassified to profit or loss15590000015590000000-384300000155000000