ITC HOTELS Quarterly Results Analysis-Q2FY2027

Financial performance and key operating metrics (Consolidated) : Operating Revenue for Q2FY27 is Rs. 1,054 Crs., 12.62% growth YoY, Total Income is Rs. 1,106 Crs., 11.21% growth YoY, EBITDA is Rs. 337 Crs., 15.44% growth YoY, EBITDA Margin is 32.01% improved by 78 Basis points YoY, PBT Rs. 278 Crs., 12% growth YoY, PAT Rs. 203 Crs. 11.4% growth YoY. On QoQ basis Op. Revenue is up by 25.57%, Total Income is up by 24.99%, EBITDA is up by 37.31%, PBT is up by 47.32% and PAT is up by 52.04%.. Room Revenue 501 Cr. grew 22% YoY, driven by growth in both rates and volumes. Occupancy rose 481 bps to 76% and ADRs grew 14%, resulting in overall RevPAR growth of 21% YoY. The Company maintained a RevPAR premium of 44% over the industry, reflecting the strength of its brands and sustained guest preference. Food & Beverage (F&B) revenue 380 Cr. grew 12% YoY, led by Speciality restaurants, lounges & bars and banqueting. Management and Operating Fees 43 Cr. grew 25% YoY, reflecting the continued scale-up and stabilisation of the managed portfolio. Margin expansion reflects strong operating leverage and sustained cost efficiencies.