ITC Hotels Q1 FY27 profit jumps 36% to ₹182 crore; approves ₹155 cr GHK buy
ITC Hotels posted a 36% rise in Q1 FY27 net profit to ₹181.91 crore on revenue of ₹936 crore. The board cleared a ₹155 crore acquisition of GHK Hospitality (Welcomhotel Ahmedabad). Portfolio now spans 156 hotels and 14,300 rooms, with a target of 250 hotels by 2031. Company flagged West Asia uncertainty.
ITC Hotels' Q1 FY27 net profit rose 36% to ₹181.91 crore on ₹936 crore revenue, with retail-segment room revenue strong. Board approved ₹155 crore acquisition of GHK Hospitality (Welcomhotel Ahmedabad). Portfolio crossed 22,000 rooms; targets 250 hotels by 2031.