ITC Hotels Q1 Results: PAT jumps 35% to Rs.180 crore, revenue grows 15% YoY; announces acquisition of GHK Hospitality
New Delhi, July 16 -- ITC Hotels on Thursday reported a consolidated net profit of Rs.180.2 crore for the first quarter of FY27, registering a growth of 35.5% from Rs.133.10 crore in the year-ago period.
The company's revenue from operations in Q1FY27 grew 14.8% to Rs.936.02 crore from Rs.815.54 crore, year-on-year (YoY).
At the operating level, ITC Hotels' earnings before interest, tax, depreciation and amortization (EBITDA) during the June quarter increased 19.6% to Rs.292.3 crore from Rs.244.5 crore, while EBITDA margin improved to 31.2% from 30%, YoY.
The company's hotels segment clocked a revenue growth of 10% YoY to Rs.881.06 crore, while the segment's EBIT rose 22.8% YoY to Rs.176.54 crore.
Branded Residences segment reported a...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.