ITC Hotels Q1 net jumps 36% to ₹181.91 cr; to acquire Welcomhotel Ahmedabad

ITC Hotels posted a 36% rise in Q1 FY26 consolidated net profit to ₹181.91 cr (from ₹133.71 cr) on revenue of ₹936.02 cr, led by hotel revenue of ₹881.06 cr. The board approved acquiring GHK Hospitality — owner of the 130-key Welcomhotel Ahmedabad — at an enterprise value of ₹155 cr to grow its owned-asset base.

— Filed Thu, 16 Jul, 2026, 15:56 IST · Source The Hindu BusinessLine · Updated

ITC Hotels Q1 FY26 consolidated net profit rose 36% to ₹181.91 cr on revenue of ₹936.02 cr. Board approved acquiring GHK Hospitality (Welcomhotel Ahmedabad, 130 keys) at ₹155 cr enterprise value to expand owned-asset portfolio.

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