ITC Hotels Reports ₹821 Crore Profit for FY26, Recommends ₹1 Dividend

ITC Hotels Limited has announced its audited financial results for the fiscal year ending March 31, 2026. The company reported a consolidated total income of ₹4,331.34 crore and a consolidated net profit after tax of ₹821.26 crore.

These figures represent an increase from the previous fiscal year. For FY26, consolidated income reached ₹4,331.34 crore, up from ₹4,093 crore in FY25. Net profit after tax for FY26 stood at ₹821.26 crore, an improvement from ₹775 crore in FY25. For context, FY25 consolidated income was ₹4,093 crore, up from ₹3,772 crore in FY24, with net profit at ₹775 crore compared to ₹666 crore in FY24.

The Board of Directors has recommended a final dividend of ₹1 per equity share, which would amount to ₹208.30 crore. This payout is subject to shareholder approval at the upcoming Annual General Meeting (AGM).

The company also proposed the appointment of Mr. Ramakrishnan Chander as a Non-Executive Director for a three-year term, pending member approval.

These results provide investors with a clear view of ITC Hotels' standalone financial health since its separation from ITC Limited. The proposed dividend demonstrates a commitment to shareholder returns.

Background: The Demerger

ITC Hotels Ltd, the hospitality division of ITC Limited, was demerged in August 2023. This strategic move allows the hotel business to operate with greater independence and focus, aiming to unlock its full value and pursue an independent growth path, with potential for a future separate listing.

Market Position and Peers

With FY26 income of ₹4,331 crore and profit of ₹821 crore, ITC Hotels is a significant player in the hospitality sector. Its closest competitors include Indian Hotels Company Ltd (IHCL), which operates Taj Hotels and reported revenues around ₹6,000 crore in FY24, and EIH Ltd (Oberoi Hotels), with FY24 revenues near ₹2,100 crore.

Looking Ahead

Key upcoming events include shareholder voting on the dividend at the AGM on August 6, 2026, and the formalization of Mr. Ramakrishnan Chander's appointment as Non-Executive Director. Dividend payments are expected between August 10 and August 14, 2026. Investors will also monitor future quarterly results to gauge the sustained growth trajectory of the demerged entity.