ITC Hotels on October 24 reported a net profit of Rs 133 crore for the second quarter of the financial year 2026. This marks a 74 percent year-on-year (YoY) increase from the Rs 76 crore net profit reported in the same period last year.

The firm's revenue from operations meanwhile increased around 8 percent YoY to Rs 839.5 crore in Q2 FY26, from Rs 777.95 crore in Q2 FY25. Earnings per share (EPS) meanwhile rose to Rs 0.64 during the quarter under review, from Rs 0.37 during the corresponding quarter of the previous financial year.

Among the segments, the company's hotels business generated a revenue of Rs 822.80 crore in Q2 FY26, marking a rise of nearly 8 percent on-year from the Rs 763.48 crore generated in same period last year.

Along with the Q2 results, ITC Hotels announced that its board has approved the plan to promote Sudhir Gupta, who was the Head – Procurement of the company, to Vice President - Procurement (Senior Management).

"Sudhir Gupta, an engineering graduate from the Technological Institute of Textile & Sciences, Bhiwani, has over thirty years of experience across the textiles, lifestyle retail, and hospitality sectors. Mr. Gupta is heading the procurement function across all hotels in India and Sri Lanka," the firm said.

ITC Hotels shares closed in the green with marginal gains on Friday. The stock rose 0.43 percent to Rs 221.70 apiece. The shares of the company have fallen nearly 3 percent in the past one month, and gained nearly 11 percent in the past six months. The stock is up more than 29 percent in 2025 so far.

The stock had listed at a discovery price of Rs 180 per share on NSE on January 29 after its demerger from its parent company ITC. The IPO-less listing marks a discount of nearly 31 percent from its implied price of Rs 260 per share.

The stock is currently 23 percent higher than its listing price. However, it is still down nearly 15 percent from its implied price.