ITC Hotels Ltd. has reported strong financial performance for the second quarter of the fiscal year 2026 (Q2FY26)

Key Financial Highlights (Year-on-Year): Net Profit: Surged by a substantial 74% to ₹133 crore, compared to ₹77 crore in the same period last Year. Revenue: Increased by 8% to ₹839.5 crore from ₹778 Crore. Operating Profit (EBITDA): Grew by 15.7%to ₹245.7 Crore. EBITDA Margin: Expanded significantly to 29.3% from 27.3%, demonstrating enhanced operational efficiency and profitability. Strategic Developments: The company has expanded its portfolio with the opening of a new Welcomhotel in Bodh Gaya, Bihar. This 98-room, 18-acre property features convention facilities and is strategically positioned to boost Meetings, Incentives, Conferences, and Exhibitions (MICE) tourism in the region. ITC Hotels is also actively exploring opportunities in the high-potential branded residences segment. Management views this as a "tremendous opportunity" to leverage the company's established brand trust and expertise in luxury living, cuisine, wellness, and sustainability, adding significant value for both developers and potential home buyers. These results underscore ITC Hotels' robust recovery and solid execution, driven by strong operational leverage and focused strategic expansion into both MICE and new avenues like branded residences.