ITC Hotels, separated from ITC Ltd., reported a 54% year-on-year increase in net profit to ₹133 crore in Q1 FY26. Revenue from operations also saw a 15.5% rise to ₹815 crore, highlighting the company's strong performance.
Itc HotelsFinancial ResultsQ1 2026Net ProfitRevenueReal Estate NewsJul 16, 2025

ITC Hotels reported a net profit of ₹133 crore in Q1 FY26, marking a 54% increase from ₹87 crore in the same quarter of the previous year.
Revenue from operations for the quarter reached ₹816 crore, a 15.5% increase compared to ₹706 crore in the same quarter of the previous financial year.
The profit after tax (PAT) declined by 48% on a sequential basis from ₹257 crore recorded in Q4FY25, primarily due to a 23% decrease in revenue from ITC Hotels during the current quarter.
EBITDA for the quarter rose 19% year-on-year to ₹246 crore, with margins improving by 87 basis points to 29.9%.
The real estate division reported no revenue. The company is currently developing ultra-luxury branded residences in Colombo, Sri Lanka, and revenue from this segment will be recorded only after the projects are completed and sold.

From his lucrative IPL contracts to his impressive real estate portfolio

Industry experts emphasize the need for policy changes and infrastructure development to address affordability issues in the real estate market.

A Pune court has allowed the police to take custody of the father of the minor accused in the Porsche crash case, in a cheating case registered against him at Kondhwa police station.

Pune takes a significant step towards reducing traffic congestion and travel time with the collaboration of Pune Police, PMC, and Google on 32 main roads.

Prospect Realty, a firm registered before the sub-registrar of Salcete, Margao, is at the center of a massive Rs 100 crore investment fraud. The firm, engaged in the real estate business, has been accused of misleading investors with false promises. Myron

The Maharashtra government is working on a policy to make precast construction mandatory for real estate projects in Mumbai, aiming to streamline construction processes and enhance building quality.