ITC Hotels reported a 9.4 percent rise in consolidated net profit to ₹235 crore for the third quarter ended December, compared with ₹215 crore a year ago.
Revenue from operations grew sharply by 21 percent to about ₹1,230 crore, driven by higher room occupancy, better average room rates and strong demand from weddings, conferences and corporate travel.
The company also saw improved performance in its food and beverage segment. Operating margins expanded due to better cost control and higher scale. The results reflect continued recovery and steady growth in India’s hospitality sector following ITC Hotels’ recent demerger.