ITC Hotels gains after Q1 PAT rises 35% YoY to Rs 180-cr; announces Rs 155-cr Ahmedabad acquisition
Mumbai, July 17 -- Profit before tax stood at Rs 248.20 crore in Q1 FY27, up 31.46% from Rs 188.80 crore in Q1 FY26.
Total expenses for the period under review aggregated to Rs 750 crore, up 11.11% year on year (YoY).
On the segmental front, revenue from Hotels division was Rs 881.06 crore (up 10.05% YoY) and Other revenue was Rs 11.73 crore (up 16.60% YoY) in Q1 FY27.
EBITDA increased to Rs 292 crore in the first quarter of FY27 from Rs 245 crore in the corresponding quarter of the previous financial year. EBITDA margin improved to 31% in Q1 FY27 from 30% in Q1 FY26.
In a separate regulatory filing, ITC Hotels said it has entered into a definitive agreement to acquire a 100% stake in GHK Hospitality and Infrastructures Ltd (GHK), whi...
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