ITC

Hotels reports strong Q1 FY26 profit growth, approves ₹328 crore capex for Visakhapatnam hotel

TC Hotels Limited announced its unaudited financial results for the quarter ended 30th June, 2025, approved by the Board of Directors on 16th July, 2025. The financial figures for the periods presented include the results of the Hotels Business, which was demerged from ITC Limited into ITC Hotels Limited, with an effective date of 1st January, 2025, following the Scheme of Arrangement approved on 4th October, 2024. During the quarter, 5,00,372 Equity Shares of ₹1/- each were issued under the ITC Hotels Special Purpose Employee Stock Option Scheme.