ITC Hotels shares rise 7% as quarterly profit climbs 52%
ITC Hotels lifted second-quarter net profit 52.3% and revenue 25.5%, and plans a wholly owned subsidiary in Dubai, according to TradingView.
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what happened
According to TradingView, ITC Hotels raised its net profit 52.3% year on year to 201 crore rupees in the September quarter of fiscal 2026-27, up from 132 crore a year earlier. Revenue grew 25.5% to 1,054 crore rupees.
EBITDA rose 37.2% to 338 crore rupees, and the EBITDA margin widened to 32% from 29.3% a year before. Operating earnings grew faster than sales. Shares traded at 167.30 rupees on the BSE in the early afternoon, gaining more than 7%.
Separately, ITC Hotels said it plans to set up a wholly owned subsidiary in Dubai, UAE, subject to regulatory approvals. The company would invest no more than 20 crore rupees, paid in tranches. No timeline for incorporation or launch was disclosed.
why it matters
The results show revenue growth paired with faster profit growth, which typically draws investor interest to India's hotel sector. The Dubai plan is small in investment terms and concerns expansion in the UAE market.
market impact
Indian hotel sector: strong results support interest in ITC Hotels shares
tags
instruments
sources
- ITC Hotels shares jump 7% as Q2 profit rises 52%, margins widen — TradingView, 26 October 2026 at 08:51 UTC
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